(D) Bearish Harmonics // Completed as Gartley // IF=THEN ®

٧ فبراير ٢٠١٦

EURUSD

- Completed Bearish Gartley pattern with the first take profit zone (the 38.2% retracement) around the previous structure trend line that was acting as resistance, also daily resistance (D1 - now support);

- 4h structure trend line broken and tested (check lower time frames);

- Daily Structure trend line broken but not tested yet; (the Gartley may give an hand on that... eventually)

- Bearish Bat pattern at 88.6% retracement, also a test to the previous structure trend line that was acting as support trend line;

BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD

GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD

Safe Trades;
open.spotify.com/track/068BixHXCQLlJc6VkLiP7U