November is turning out to be a GREAT month.
Here we have a bullish gartley on the 1D chart.
Yes, another harmonic pattern in a trend channel...
Given the trendline, we might want to look for price to go a little past the PRZ zone, but then we are definitely looking for a price reversal.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
Download your FREE copy of the 7 Proven Steps to Becoming a Successful Forex Trader right here:
www.sixfigurecapital.com/4.html
Christopher D. Schultheis,
Six Figure Capital
Here we have a bullish gartley on the 1D chart.
Yes, another harmonic pattern in a trend channel...
Given the trendline, we might want to look for price to go a little past the PRZ zone, but then we are definitely looking for a price reversal.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
Download your FREE copy of the 7 Proven Steps to Becoming a Successful Forex Trader right here:
www.sixfigurecapital.com/4.html
Christopher D. Schultheis,
Six Figure Capital