Tuesday, February 3, 2015

Sell into Euro strength: Nice Bearish Gartley shaping up on 4-hr., EUR/USD chart


Bearish Gartley completed around the 78.6% retracement of XA.  See chart below


Fibonacci Profit Target Levels @ 38.2%, 50.0%, and 61.8%.





Sunday, February 1, 2015

GBP/JPY Long off of 4-hr. chart - Bullish Gartley

The GBP/JPY has formed a Bullish Gartley pattern on the 4-hr. chart.  See chart for details.  Stop placed below X at 174.50.  Markets are very volatile.  Control your risk.