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EverythingForex
25 juin 2015 09:54

EURUSD: Just completed Gartley. Now looking for a bearish BAT... Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD just completed a Gartley pattern in it's current consolidation. There is a POTENTIAL Bat pattern setup. This BAT pattern would be complete right around the retest of the previous triangle pattern that EURUSD recently broke out of. As is common, when prices break out of a triangle, prices will often retest it.

As usual, should prices break the A point (1.11351), then this BAT would be invalid and expect prices to head south.....plan your risk accordingly!
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