Reason to entry:
-Valid Gartley's pattern
-D point exactly at DESCENDING TRIANGLE pattern on higher timeframe
-RSI oversold
-D point = X point
-#2 target do not exceed DESCENDING TRIANGLE resistant (61.8%)
-RISK&REWARD? see for your self how huge it is
Entry:
-D point og gartley's pattern (127.2% extension)
-if Gartley's pattern failed, go short immediately (consolidation phase ended)
Exit:
-1# 38.2% retracement
-2# 61.8% retracement
Void if:
-price never touch gartley completion point
-beware that price may breakout the descending triangle pattern without bounce to resistant (gartley's pattern failed). if this happen, immediately short this pair
Remember that market is always right!
Manage your trade well!
-Valid Gartley's pattern
-D point exactly at DESCENDING TRIANGLE pattern on higher timeframe
-RSI oversold
-D point = X point
-#2 target do not exceed DESCENDING TRIANGLE resistant (61.8%)
-RISK&REWARD? see for your self how huge it is
Entry:
-D point og gartley's pattern (127.2% extension)
-if Gartley's pattern failed, go short immediately (consolidation phase ended)
Exit:
-1# 38.2% retracement
-2# 61.8% retracement
Void if:
-price never touch gartley completion point
-beware that price may breakout the descending triangle pattern without bounce to resistant (gartley's pattern failed). if this happen, immediately short this pair
Remember that market is always right!
Manage your trade well!