anthony.pham00

**Reposted - Nickel price looking to reverse to the upside?

DJ:DJCIIK   DOW JONES COMMODITY INDEX NICKEL
174 0 1
*Reposted**

A Bearish Gartley and potential 2618 Trade setup to the upside.

To watch for:
1. A confirmed Double Bottom
2. A break to the upside.
3. A break and close above the highest high of the Double Bottom pattern.
3. A Gartley Pattern completion if price hits the D leg.
4. A retracement back to either the 38.2% or 61.2% Fibonnaci levels off the Gartley .
5. Price actionto reverse to the upside (Strong case for entry) with initial targets as shown

**I dont trade Nickel spot prices but use this as a guide for several ASX             Listed companies that specialize in Nickel.
Watch the Trend line . If price breaks above the trend line then wait for the pull back before looking to go long**
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