On the 4 hour chart this is simple an trade, but if you were to take a look out on the higher timeframes you'll see that this is also a trend continuation play as well with a lot of legroom to the side.
I just finished recording my Weekend Review video & this week's topic was "Building A Rules Based Trading Strategy" (Link below). The video reminded me of this trade because although I use a simple example of a TCT trading strategy in the video, advanced patterns can also be used as reasons for entries as well.
I'm a big fan of combining the two, however you have to be very care of when to shoot for extended targets & when not to or else you may end up sabotaging your system by accident. let me know what you think of the video guys!
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How did you know where to expect the C-D leg to end at? Shouldn't a Gartley patterns' D point end at the 0.786 retracement of the X-A leg?
And also regarding the B point, shouldn't it end at the 0.618 retracement of the X-A leg?
Just felt like asking because I thought advanced patterns should be quite accurate when drawn..