Hi guys we got a good short opportunity right here with an extended TP for a good 1:3 Risk Reward ratio. Target with a potential LONG opportunity. But take note that the price must retrace atleast the redline (38.20% AB of Bull Gartley/Bat) by which is the minimal requirements for the validity of a potential bullish pattern.
Aggressive could go and short the pattern completion and stops would be above its X point. Conservative could go and short upon market BO of the lower Trendline.
TP1: 86.37 TP2: 86.19 and so on with an extended TP.
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I got no short trade right here. I wanna see price retrace atleast on the redline hence the bear pattern completion. I am still waiting.
Trade closed: target reached
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As price did retrace on our said red line and a BO we automatically shorted market and target upto a potential bullish pattern completion and another thing for us to go long. TP on the short was already attained.
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TP 1 on the LONG was already attained if you have taken the bull setup which is the gartley pattern.