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themarketzone
20 กุมภา 2015 เวลา 12 นาฬิกา 5 นาที

140 pips on bearish Gartley - Cypher next?  

Euro Fx/U.S. DollarFXCM

คำอธิบาย

The Weekly Markets Analysis bearish Gartley setup reached both of its target this week (and beyond)
1.144 was a strong resistance zone over the week as the EURUSD is trading within the 1.44 - 1.34 (1.3) range.
EURUSD is now at strong support zone.

If the EURUSD will hold the support, we can try to trade it back up to the 200 SMA line and later (if it will continue higher) to the top of its range.

If the EURUSD will break down the support, then, check out and monitor the bullish Cypher pattern, mentioned in the WMA, completing near 1.12.

Have a great weekend

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