Art_of_Trading

EURUSD: Structure Trading and Gartley Pattern

Kort
FX:EURUSD   Euro / USA-dollar
The EURUSD is going up last few hours and getting close to the previous structure level at 1.2425 area, that acts as resistance. This is a place, where the most of the selling orders are placed. Also, the buyers are going to close their positions to lock their profits and that resistance is the best level to do it. Both these scenarios will create an opportunity to go short. Moreover, there is a potential Gartley pattern formation. This provides the exact points for entry and exit.
T1- 38.2%
T2 – 61.8%
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