Get started
RizeSenpai

EURUSD: Bullish Gartley at an 800-EMA Trading in a Falling Wedge

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
RizeSenpai  
OANDA:EURUSD   Euro / U.S. Dollar
Harmonic Patterns Chart Patterns Technical Indicators yields USD euro Falling Wedge Bullish Divergence TLT
1
0
harmonicpatterns chartpattern indicator yields usd euro fallingwedge bullishdivergence tlt
EURUSD is trading within a Falling Wedge with MACD Bullish Divergence at the 800-period EMA. All of this aligns with the PCZ of a Bullish Deep Gartley that has developed on the 1-Hour timeframe. If this support zone holds I think EURUSD will attempt a Bullish breakout that will target the 50-61.8% retraces above which may align with short term upside I'm expecting in the TLT.

Related Ideas

RizeSenpai
Raising Bullish target on the EURUSD to the 78.6% Retrace
RizeSenpai
TLT: Falling Wedge Double Bottom at .382 with Bullish Divergence
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.