Lyiness

EUR/USD potential bullish Gartley

Long
FX:EURUSD   Euro / U.S. Dollar
The main rules of the Bullish and Bearish Gartley are as follows:

AB must retrace 61.8% of the XA legBC can retrace between 38.2% – 88.6% of AB
CD can be an extension of 1.272% – 1.618% of AB
CD can also be a retracement of up to 78.6% of XA leg
The point D is known as the PRZ or Potential Reversal Zone
From Point D, a trade can be entered with stops at or above (below) the price point at X.

I wish you success
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.