Bearish Gartley Pattern forming on The 4-Hour Chart Of EUR/USD

18 Kas 2012

Spotted an almost perfect Bearish Gartley Pattern forming on the 4-hour chart of EUR/USD. There are several features on this setup that makes this pattern almost perfect. The 78.6% Fibonacci retracement level of the XA leg is in almost perfect confluence with the potential retracment of 127.2% Fibonacci level of the BC leg and the perfect AB=CD pattern also falls right on top of this level as well. For more details of this particular setup and my personal trade plan, please read my blog post found here: simplychartpatterns.wordpress.com/2012/11/18/bearish-gartley-forming-on-eurusd-4-hour-chart/