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There is interesting move on EURUSD. Sellers have a power, but now bulls try to defend 1.1190 level. If they win it will be nice reversal Gartley pattern. If not, bulls have another level for return to market - 1.1150.
zbych's Blog
It isn't Garley, but pin bar on EURNZD
In 20.02 we've seen not Gartley pattern on EURNZD (it was my idea several days ago), buy "simply" pin bar on important support level. I've opened long position near 1.5020. If pin bar will be defend we should see strong move up. Why? Several last weeks market was looking for answer - has been break down 1.500 level true or false?
Let's see weekly chart. It show how important support level is 1.5000. On the other side if pin bar will be break down we ought to see very strong move down.
Let's see weekly chart. It show how important support level is 1.5000. On the other side if pin bar will be break down we ought to see very strong move down.
Gartley on EURNZD..
EURO is still in down trend on EURNZD, but if price'll test 1.5000 and bulls returns it will be very interesting harmonic structure - bullish Gartley.