Another good example of the beauty of advanced patterns when market consolidates : being presented with 3 nice opportunities here in the form of a bullish Cypher (green), a bull Gartley (blue) and a bearish Gartley (Orange).
I'd like to get filled on the bear gartley first, then ride up the both the blue Gartley and Cypher (it is possible in this configuration, to get filled on all 3 and hit target on all 3 if the bear Gartley complets first).
But now let's wait and see what happens !
Trade active
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Orange Gartley has been invalidated but just been filled the bullish blue gartley !
Trade closed: target reached
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T! hit on bullish Gartley : +64 pips Stop rolled to BE
Comments
GasperiniGS
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Nice winner there!
UnknownUnicorn300837
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@GasperiniGS, Yeap T1 +64 pips. Waiting for T2 and a new bear Cypher is forming and completes a little bit above T2. Let's wait and see. Maybe a few patterns back to back.