EURZAR: Potential Bullish Gartley formation
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Here's an idea of a potential bullish Gartley formation on the EUR/ZAR in it's early stages.
Looking for the formation of the B to C leg with possible points for C in the region between 16.66014 and 16.88450.
Updates of this idea will follow as the market moves.
Do not follow this blindly; always remember to make sure that any trade made by you needs to meet your own personal trading requirements. If it does not
comply with your rules of trade, do not trade it.
Happy trading!
JP
Looking for the formation of the B to C leg with possible points for C in the region between 16.66014 and 16.88450.
Updates of this idea will follow as the market moves.
Do not follow this blindly; always remember to make sure that any trade made by you needs to meet your own personal trading requirements. If it does not
comply with your rules of trade, do not trade it.
Happy trading!
JP
Nota
Depending on your rules, pattern might still be valid. Price touched 0.786 retracement of XA leg making it invalid for me.
Cheers,
JP
Penafian
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