Gartley Bearish

FX:UK100   FTSE 100 Index
226 3 20
here my simple FTSE             daily setup (Long first then Short), I'm sorry if then doesn't work with properly. I think is good remain to hold Long entry. but be careful if market break below 6487 levels. know what to do with fully aware about the risk, happy trade and take care :)
Comment: how day, still remain to hold Long entry......? you really deserve it :)
Comment: what the UK100 will on the final peak..?
- buy limit: 6767
- stop: 6549
- short limit: 7072 - 7413
- stop: 7619

happy weekend :)
Could somebody explain this to me? The blue triangle, the pink s1 s1 r1 r2, the big green rectangle and red one.. Thanks :)
Biggles AbrahamMoncada
Blue triangles is this: http://www.investopedia.com/terms/g/gartley.asp
S = support
R = Resistance
The red and green is risk reward. so it's an idea of where you could place your stop loss (and where the author hopes to take profit)
+2 Reply
Kadhijah Biggles
@Abraham, you got the correct answer :)
@Biggles, thank you very much for your help (Y)
+1 Reply
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