A potential bullish gartley is close to completion at 1.1155. We have an ab=cd pattern as well as 1.272 ext lining up perfectly with 0..786 retracement. This is great confluence when building a case to enter. We also have previous structure support which has rejected the 1.1129 level at least 3 times. We have a ranging market with no clear trend giving us ideal conditions to trade harmonic patterns. If we can achieve oversold RSI then this gives us another signal to enter long.
Targets at 0.382 and 0.618.
Targets at 0.382 and 0.618.
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