A bear unified gartley
is completed. It is seen by rsi
(5,70,30), prex(10), atr(2.5, 30) and percent(0.5%) reversal algorithms. Oscillator wave confirmation algorithms are frequently used by Ellioticians, percent and atr swing identification algorithms are commonly used by classic chart pattern traders and prex algorithm is a universal algorithm used by the majority of traders.
If you have this pattern in your trade plan then...
Sell in 85.99-86.50 zone. If the zone is crossed then the pattern didn't work. first target is 85.56, second target is 85.29. The targets are adjusted if price action goes deeper into the yellow zone(restretch the fibs to fit priceaction and find new 0.382 and 0.618 levels).