Waiting for UJ set up, bearish Gartley.

9 мая 2018 г.

Revision from my last markup, I see a bearish gartley forming, and based on the previous, larger TF BOS, I am targeting the zone between 109.630 and 109.900 as the D point of the gartley. I would expect to see a bearish engulfing in that region. As for now, watching for a fib retracement, retest, of the most recent bullish PA. Admittedly, I had not seen this previously, or taken into consideration a larger ascending trendline.

I think this has potential to reverse at the D point also because of the psychological level around 110. Looking for a short opportunity at "D".