Possible Bat Pattern formation on the daily chart.
IPDE, expecting the market to hit my D leg which is 88.6% retracement for market to rally back up.
* If a new C leg is form and its higher than my previous highest close, trade wont get activated.
Lets wait to see how the market reacts in the next couple of days (*after the weekend) and hopefully enter this...
I have observe a bullish trend, the second one doesnt clasify since the highest high close lower than the previous highest close but the third one does close beyond.
IPDE, expecting to reach the 128.30ish zone then to retrace around 126.75-127.30 for it to shoot up for a new highest high.
As you can see on the tittle this is my 1st post. I`m starting this journey of the Forex Trading.
I´m saying its a long. For this to apply I´m waiting for this par to go down a bit more so the Gartley Pattern can be apply in my way of trading, obviously stay on the news to see what they have to say regarding the Euro and Dollar.
