DavoodWadi
Short

Deep Gartley Setup in Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
216 20 3
Hello guys,

A deep Gartley Pattern is identified in the chart.
The ratio confluences are shown.

Happy trading.
An update to what is happening, just in case anyone following this:
Reply
IvanLabrie DavoodWadi
What makes you think that?
+1 Reply
DavoodWadi IvanLabrie
Here's why I think so Ivan
Reply
IvanLabrie DavoodWadi
I see, There's significant support at 1204 if it were to fall, but I don't see it as very likely.
+1 Reply
hi Davood khan
+2 Reply
hi, may i have a question. If i short gold at $1230 and my stop loss set at $1240 and i only can risk $100 per trade, what size should i trade?
+1 Reply
HamedAghajani yongjui.foo
0.1 lot - Bear in mind that 1240 is a tight stop loss, I suggest you to consider above 1249. Hamed
+1 Reply
yongjui.foo HamedAghajani
yup, i set my SL to 1250. i just wonder how to calculate the trading size. thx for advice
+1 Reply
DavoodWadi yongjui.foo
I use two types of stops for trading Harmonic patterns.
The more conservative way is to put your stop above the previous high (which is the X point).
The more aggressive way is to wait for a rejection in the PRZ and put your stop above the turning point. In this case I reenter if I get stopped out and a new rejection from the PRZ occurs.
+2 Reply
hi Mr Wadi

az rahnamayi dishabet tashokor mikonam,mofid bod.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out