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 )
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.