Possible Gartley & Butterfly on EURUSD
A little Butterfly (purple) has formed inside a larger Gartley (green) pattern... D Points are just pips apart, of course what it changes is the SL level depending on which one you want to trade.
I've heard some analysts talking about a pullback to 1.1370 and then 1.1430 as the next target for the bullish move... Ds are just right there, so it does not hurt to have an eye on these two.
Pair has been a little bit hectic for the last days... So I wont be placing Limit orders but waiting to see if they complete and how PA behaves.
Numbers are in the chart color coded... Purple for the bug, green for Mr. Gartley.
I've heard some analysts talking about a pullback to 1.1370 and then 1.1430 as the next target for the bullish move... Ds are just right there, so it does not hurt to have an eye on these two.
Pair has been a little bit hectic for the last days... So I wont be placing Limit orders but waiting to see if they complete and how PA behaves.
Numbers are in the chart color coded... Purple for the bug, green for Mr. Gartley.
Order avbruten:
PA was 10 pips away of D points... and retrace to targets' levels...