Gartley formation on the EURUSD
Bearish impulse leg X to A. We have a .618 retracement A to B of the X to A impulse leg. B to C fibonacci extension between the 1.272 and 1.414. Waiting for the C to D completion at .786 of the X to A impulse leg retracement for shorting opportunities. One can look to go long from C to .738 CD completion of XA, however if you are conservative, you can wait for the completion to happen.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.