Art_of_Trading

EURUSD: Gartley Short

Kort
Art_of_Trading Uppdaterad   
FX:EURUSD   Euro / USA-dollar
The EURUSD developed a gartley pattern on 1 H chart. It hit the entry point and it a good opportunity to go short. There is a resistance level at 1.0947, which increase the probability of this trade. Usually, big positions are placed at key levels like that resistance and it is more likely the drops and hits the targets.
T1 - 38.2
T2 - 61.8

Note: There are some major news at US open - ADP Payroll, Fund Rate, Crude Oil and major moves are expected. It is not recommended to stay in trade while those news came out.
Kommentera:
T1 Hit
Kommentera:
T2 Hit, Trade clsoed
Frånsägelse av ansvar

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