There are some amazing setups forming on the charts, here we have USOIL on the 4h chart with a bullish gartley.
Price has broken the daily trendline, I'm expecting a pullback upon completion of the gartley pattern before continuing the move lower.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
If you want more trading inspiration be sure to connect with me on social media :)
Price has broken the daily trendline, I'm expecting a pullback upon completion of the gartley pattern before continuing the move lower.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
If you want more trading inspiration be sure to connect with me on social media :)
Trade closed: target reached
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