LewisGlasgow
Long

Crude Oil - Bullish Gartley

TVC:USOIL   CFDs on WTI Crude Oil
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

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Trade closed: target reached
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Congrats! I have already opened a small short here to scalp for the H4 100MA.
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Hey Lewis :)

TP for this long should be 49.60?
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ValtsVladimirLiepnieks ValtsVladimirLiepnieks
@ValtsVladimirLiepnieks, or we continue to fall?
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Hello Lewis,
Why would you not short from spot down to the "D" point ... that's 3c?
Are you still bullish AUD USD?
Thank you
Murray
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LewisGlasgow Oh_If_Only
@Oh_If_Only, Hey Murray, there is not enough confirmation for me to take the trade.

AUD/USD is still valid :)

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Waiting for this very same
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LewisGlasgow purpurato59
@purpurato59, all the best!
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