EURAUD, is this gartley going to make it ?
We got a nice gartley at the end of this trading week. I haven't tarded it but i noticed it on the charts.
Entry should be at 1.4780, stops bellow X and at previous structure 1.4654. Target is at 1.4926 for the 0.618 CD ratio. If the market pulls back for the retest and breaks structure at X point (1.4714) i'll look for a entry.
Note that the market is extremely oversold, the market is exhausted and NEEDS to pull back. No way it's going lower.
Moreover we have a double bottom, maybe getting a 2618 trade ?
I look forward for trading this next week.
Have fun trading all, and remember, follow your plan !
Entry should be at 1.4780, stops bellow X and at previous structure 1.4654. Target is at 1.4926 for the 0.618 CD ratio. If the market pulls back for the retest and breaks structure at X point (1.4714) i'll look for a entry.
Note that the market is extremely oversold, the market is exhausted and NEEDS to pull back. No way it's going lower.
Moreover we have a double bottom, maybe getting a 2618 trade ?
I look forward for trading this next week.
Have fun trading all, and remember, follow your plan !
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