ChrisThein

EUR/USD 30min Bearish Gartley pattern

Short
FX:EURUSD   Euro / Dollar Américain
There is bearish Gartley setting up on the 30 min time frame for all of you pattern traders.(Completes at .786 around 1.1245 depending on how you trade patterns). Even if you don't trade patterns, there is a 1.272 extension and .886 fib confluence right into a double topping formation. Along with a one-to-one extension. On the 4 hour time frame we made a lower low/lower close. I'm looking to go short around 1.1252, stop above the swing high at 1.1270, and my target down to 1.1200 even. Price really rejected that 1.1200 area, so this could even be a potential buying opportunity. Good luck trading out there.
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