Hello traders!
We took advantage of a bearish Gartley while monitoring the development of the Crab. The reason we took the opportunity is because the Crab and Gartley has that precise 0.618 at the B point. In this situation, the Gartley setup was only valid because of measurements required for the pattern. We will still look for a Crab which will only change our D point but still valid. The related idea below shows the Crab we are still monitoring on this pair.
Good luck traders! Trade smart don't gamble!
We took advantage of a bearish Gartley while monitoring the development of the Crab. The reason we took the opportunity is because the Crab and Gartley has that precise 0.618 at the B point. In this situation, the Gartley setup was only valid because of measurements required for the pattern. We will still look for a Crab which will only change our D point but still valid. The related idea below shows the Crab we are still monitoring on this pair.
Good luck traders! Trade smart don't gamble!
