EURO/DOLLAR WEEKLY AND DAILY CHART

in #trading • 8 years ago

We seem to be at a very interesting point of time with the EUR/USD pair.
have a look at the weekly chart, and you will see a GARTLEY PATTERN according to me.

Now have a look at the daily chart and you see
1: The same GARTLEY PATTERN
2: A cluster of FIB Extensions
3: RSI above 70
4: A gap where I have drawn the yellow rectangle. Apparently gaps close about 90% of the time.

What do you say?

#economics
8 years ago in #trading by
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