ggekkotrader
Short

BEARISH GARTLEY IN DAX 30 1H

FX:GER30   DAX index of German listed shares
This is a fairly nice looking Gartley pattern with PRZ zone coming int             at confuluence of XD             = 78.6 and AB-CD             at 127.2.

Stops are an individual thing, so no comment.

Targets: Target 1 around 9755 Target 2 around 9550

Additional supportive evidence is a bearish divergence between the price actiona and RSI .

Good trading everyone!

DISCLAIMER: Trading is a risky business and there is possibility of losing all your trading capital and more. This post is not an advice or an instruction to trade and does not gurantee profitable outcome. This is for informatoin purpose ONLY. Choice to act on this information is your own and hence responsability for outcome of that choice is also your own. I am not liable for any adverse outcomes.
B is too high and C too low for Gartley, this looks more like a Bat pattern to me. In the Bat pattern, D is not reached yet (around 10219).
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