This week, I will not be surprised to see EURUSD correct towards 1.1770.
This is the PRZ of the gartley pattern.
At this PRZ zone, I will look at the volume indicator to give me clues on whether to enter.
Preferably, I will want to see a ultra high vol before it hits the PRZ.
Entry will be a strong green candle after the PRZ is fully tested.
EP: 1.1770
SL 1.1680
TP1 1.20
TP2 1.21
This is the PRZ of the gartley pattern.
At this PRZ zone, I will look at the volume indicator to give me clues on whether to enter.
Preferably, I will want to see a ultra high vol before it hits the PRZ.
Entry will be a strong green candle after the PRZ is fully tested.
EP: 1.1770
SL 1.1680
TP1 1.20
TP2 1.21
No unusual volume coming in also.
EURUSD poised to head further south.
Will relook at it only when it breaks the downsloping trendline.