Gartley Pattern on EURAUD 60M at Minor Resistance Level
Trade Management
Pattern: Gartley
Symbol: EURAUD
Date: Friday, 13th of November 2015
Timeframe: 60M
Entry-Point: 1.5252
Stoploss: 1.5149
Take-Profit 1: 1.5149
Take-Profit 2: 1.5086
Description: Price Action on the EURAUD acted the last days in a tight Range. The Entry-Point is close to the Resistance-Level of the Range. Therefore the Trading Idea of the EURAUD 60M is a high probability setup. The stoploss can be alternatively also be set above the Resistance Level (above 1.5288).
Invalidation of Trade
The Trade is invalid if price breaks Point A to the downside.
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Pattern: Gartley
Symbol: EURAUD
Date: Friday, 13th of November 2015
Timeframe: 60M
Entry-Point: 1.5252
Stoploss: 1.5149
Take-Profit 1: 1.5149
Take-Profit 2: 1.5086
Description: Price Action on the EURAUD acted the last days in a tight Range. The Entry-Point is close to the Resistance-Level of the Range. Therefore the Trading Idea of the EURAUD 60M is a high probability setup. The stoploss can be alternatively also be set above the Resistance Level (above 1.5288).
Invalidation of Trade
The Trade is invalid if price breaks Point A to the downside.
Look for more Trading Ideas at www.plantotrade.com
