If the neckline gets broken, we have a head and shoulders pattern with a stop above the right shoulder and a R/R 1 : 1 target.
The other trades are the AB=CD completion. (See different chart...below.)
And a reversal after the gartley completion. (See different chart...below.)
Comments
Night_Trader
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No Trade - No Loss
D_P1
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Lol - I feel for the people who took this trade
Night_Trader
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OOOps... I hope nobody took this trade, because it did not start at all !!!!! Please look carefully at the description and at the chart. The trade would have started from the red arrow with a breakout below the green line. Not earlier !!!
Please guys watch carefully !
Night_Trader
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OK ! There has been a large gap to the upside. The trade setup is not valid any longer !! There was no trade! :-)