HEre we see a Gartley pattern in the midst of consolidation suggesting a rally to the 1.618 extension , possibly heading back into uptrend; but being that the market shows a fairly neutral strength, it may continue into downtrend after reaching a new high.
I have placed my entry at current market price, my limit is at the 1.618 extension of the BC leg and my stop is at the lowest low of the Gartley patter.
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As Always , Thanks for checking this out, Good Trading !
I have placed my entry at current market price, my limit is at the 1.618 extension of the BC leg and my stop is at the lowest low of the Gartley patter.
For more trades, be sure to follow me , and for a good conversation, just go ahead and leave a comment, and always like if you agree!
As Always , Thanks for checking this out, Good Trading !