XA Is the initial Breakout Impuls of the multimonth Flag Pattern.
ABCD We are seeing another Breakout Flag pattern above the larger one.
ABCD also can be seen as a textbook Gartley pattern.
Natural target would be around 1.50 level.
My entries are: Buy 1.4485 Stop 1.4380 Target 1.4990
To be honest, i am liking this setup very much, and i also think the fundamentals could be in favor of this trade.
Good Luck!
ABCD We are seeing another Breakout Flag pattern above the larger one.
ABCD also can be seen as a textbook Gartley pattern.
Natural target would be around 1.50 level.
My entries are: Buy 1.4485 Stop 1.4380 Target 1.4990
To be honest, i am liking this setup very much, and i also think the fundamentals could be in favor of this trade.
Good Luck!