Long EURUSD: 1H Bat Complete in 4H Gartley PRZ

2015年11月4日

EURUSD has completed a bullish bat pattern inside of the PRZ of a larger TF bullish Garltey. Moving into the bat PRZ, RSI and MACD have printed bullish divergence. To add to the bullish bias, an unhit pivot cluster sits above price and coincides with .382 retracement of the Gartley CD leg. Targets are placed at .382 and .618 retracements of CD. SL is placed below Gartley point X and outside of the PRZ of a potential bullish crab pattern.

Confluence in the PRZ:

• Bullish Gartley pattern completion
  
• 1.272BC (Gartley)
  
• AB=CD pattern completion (Gartley)
  
• Bullish bat pattern completion
  
• 2BC (bat)
  
• 1.618AB=CD (bat)
  
• Unhit weekly pivot above price
  
• Unhit monthly pivot above price
  
• Bullish RSI divergence
  
• Bullish MACD divergence
  

2015年11月4日

注释

4H Gartley:

2015年11月4日

交易开始

2015年11月24日

交易结束：到达止损

SL reached, pair re-analyzed: