UPDATE: QUICK ANALYSIS: EURUSD: WAVE 3 UP Completed Gartley
In my previous post on this pair (see Related Ideas:"QUICK ANALYSIS: EURUSD: WAVE 3 UP +111 PIPS AND STILL GOING.."), I mentioned about a perfect Gartley pattern and that if filled, it might mark the end of wave (iv) and the beginning of the wave (v) up resuming the uptrend (wave C). That Gartley has been completed and prices are now moving in that direction. But it is still too early to say for certain that the wave (iv) is over and wave (v) has begun. However, this is a relatively low risk trade to take using the Gartley X point as the S/L. There is still a good number of pips to be had on this wave (v) up.
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If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I will know my posts are useful to you. Doing so will encourage me to post more! As always, all constructive comments are welcome. Agree or disagree.
*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I will know my posts are useful to you. Doing so will encourage me to post more! As always, all constructive comments are welcome. Agree or disagree.
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