UPDATE: QUICK ANALYSIS: EURUSD: WAVE 3 UP Completed Gartley

19 de ago. de 2015

In my previous post on this pair (see Related Ideas:"QUICK ANALYSIS: EURUSD: WAVE 3 UP +111 PIPS AND STILL GOING.."), I mentioned about a perfect Gartley pattern and that if filled, it might mark the end of wave (iv) and the beginning of the wave (v) up resuming the uptrend (wave C). That Gartley has been completed and prices are now moving in that direction. But it is still too early to say for certain that the wave (iv) is over and wave (v) has begun. However, this is a relatively low risk trade to take using the Gartley X point as the S/L. There is still a good number of pips to be had on this wave (v) up.

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