EURCAD// Gartley Pattern
Price has currently printed a Gartley Pattern. To the left a larger similar pattern was formed with price retracing to the midpoint of the M. I'm looking to take advantage of the same thing happening again, however, I'd like to see some decrease in momentum before I enter.
There is also possibility for price to continue downwards toward the red area, and even towards the trendline at -0.618 (1.52325) THEN make a retrace. Patience will be key.
There is also possibility for price to continue downwards toward the red area, and even towards the trendline at -0.618 (1.52325) THEN make a retrace. Patience will be key.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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