Sometimes we get to see like this Gartley within another potential Gartley.
If EURAUD completes the first gartley I will be in trade bcos Gartleys are one of those patterns with good profit achieving ability.
As per your trade plan choose which one you want to trade
Happy Trading !
On the EUR.AUD 15 min chart we 5 potential long opportunity's at the D leg completion of Bullish Cypher, Gartley and Bat setups.
Bullish Cypher Setup ( White ) - D leg completion 1.5503
Bullish Bat Setup (Red) - D leg completion 1.5490
Bullish Gartley Setup (Yellow) - D leg completion 1.5492
Bullish Gartley Setup (Green) - D leg completion 1.5498
Bullish ...
Potential long position, with aims of 1.5300.
Trendlines are active from 30.03.2016 and still carrying on.
If trendline at current point is broken downwards, we will look for another buying chance from 1.5000.
FX:EURAUD
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
Safe Trades;
EURAUD H1 after a false break and a bullish convergence completed a nice 5 wave retrace back to support zone.
Buy market aiming resistance level @ 1.5173
SL below support 1.4587
EURAUD H1 after a bullish convergence completed a nice 5 wave retrace back to support zone.
Buy market aiming resistance level @ 1.5173
SL below support 1.4680
Similar to my Idea on the EURUSD 4 Hr Chart
we have had a double bottom, structure broken, pull back into teh 618 area and then tend continuation the upside.
FX:EURAUD
BULLISH SHARK:
Point B:
61.8% XA
Point C:
113% to 161% AB
Point D:
161% to 224% BC
88.6% to 113% XC
Target:
38.2% to 100% CD
Safe Trades;
open.spotify.com
Went long on the EUR
MACD divergance
RSI close to the oversold 30%
20 EMA had crossed over the 50EMA a couple of days before and was showing some expansion.
daily candles two days before had low test and then high test.
Was looking to capture the range between the two pivot points.
