EUR/USD - 4-hr. Chart : Bearish Gartley with Fibonacci Profit Targets |
Thursday, April 18, 2019
UPDATE --- EUR/USD Breaks down after Bearish Gartley Pattern AND several Bearish candlestick patterns
EUR/USD is currently testing the 61.8% Fibonacci Retracement of the move up from point A to D. The 61.8% level is around 1.1236. See Chart.
Wednesday, April 10, 2019
EUR/USD forms Bearish Gartley pattern on 4-hr. Chart
A Bearish Gartley pattern has formed on the 4-hr. chart of the EUR/USD. Also, an Evening Star candlestick pattern completed on Tuesday, 04/092019. These are pointing to a higher probability of the EUR/USD going down and testing the 1.1200 area over the next few days. Remember, control your risks. Trade with a happy attitude. When in doubt, GET OUT! You can trade again tomorrow.
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