Bullish gartley possibly forming on the dailychart.

2019-11-27 17:40:41

EURUSD is in a longterm downtrend since Feb 2018. If you expect this trend to continue here are some ideas:
Retracment after formed gartley pattern. Retracment until bearish candleformation at 20 day moving average, then we can expect a downtrend continuation.

Possible trades:
-Long position after gartley.
-Short position after gartley retracment shows bearish signs at 20. moving average.

Note: This year we have had 2 big bear waves, are we heading into a third? If so, we might se some very nice trading oppertunities. What a great year EURUSD has been for the bears so far.