After a surge to the upside we are currently sitting above 1.85000 a major level for this pair.
a short opportunity may present itself at the 1.85280 level with the formation of a bearish gartley.
This pattern is 67 % successful in my back testing for this pair.
If we cannot reach that entry point my eyes will be on a 4 hour candle close below 1.85000 for a continuation to the 1.618 ext @ 1.84383 fall in line and just above previous support level of 1.84375.
Thank you traders
Hoping you all have successful week.
a short opportunity may present itself at the 1.85280 level with the formation of a bearish gartley.
This pattern is 67 % successful in my back testing for this pair.
If we cannot reach that entry point my eyes will be on a 4 hour candle close below 1.85000 for a continuation to the 1.618 ext @ 1.84383 fall in line and just above previous support level of 1.84375.
Thank you traders
Hoping you all have successful week.
Trade active:
Entry price; 1.85336 Short
Trade closed: stop reached:
Ashame.
I do feel there is down side here but im am not going to chase the trade
I do feel there is down side here but im am not going to chase the trade