Consolidation..
This pair got stuck in a triangle after a big push up. The broken midline of the longer term uptrend channel still acts as support. Counting with the Elliot triangle wave a C point has been established.
Bearish Gartley pattern
Measuring the moves from point B, we can also see that this pair is confirming a Gartley pattern. The completion point of this pattern aligns with the projected D point of the Elliot triangle wave count.
Trade setup
short: 2.0476
stoploss: 2.0531
target 1: 2.0405 ( risk/reward 1:1.32 )
target 2: 2.0360 ( risk/reward 1:2.13 )
This pair got stuck in a triangle after a big push up. The broken midline of the longer term uptrend channel still acts as support. Counting with the Elliot triangle wave a C point has been established.
Bearish Gartley pattern
Measuring the moves from point B, we can also see that this pair is confirming a Gartley pattern. The completion point of this pattern aligns with the projected D point of the Elliot triangle wave count.
Trade setup
short: 2.0476
stoploss: 2.0531
target 1: 2.0405 ( risk/reward 1:1.32 )
target 2: 2.0360 ( risk/reward 1:2.13 )
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.