Gartley’s “222” taking shape in EURUSD

Image

Scrolling the charts in search of good set ups

has been a real challenge in the past two weeks with constantly declining

and currently reaching record lows volatility.

However ,

being the most liquid pair ,

EURUSD is on the front door of any activity picking up …

Taking closer look into the 8 hour chart ,

at first glance chaotic movement , proved to be an extraordinary trading opportunity,

yet not reached maturity.

Being part of a complex wave at present time,

this pair is not as attractive as AUDUSD

but traders who stay aware of the EURUSD set up and recognize the tipping point (1,2554)

have a great chance to make few hundred pips shorting it,

in a matter of a day or two after it triggers our order.

Advertisements

your take on

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s