Short term breakout now alligns with long term downtrend
Short term breakout is now alligned with the long term down trend
Short Gartley at 108.312 TP at 107.867 SL at 108.436 Trade 09 has been invalidated and it has been replaced by Trade 10.
Short Gartley at 174.192 TP at 173.681 SL at 174.356 Entry of Trade 07-Short Gartley is in the same area as Entry of Trade 04-Short Cypher. Very high probability trade
Long gartley at 173.101 TP at 173.81 SL at 172.820
Long gartley at 107.613 TP at 108.059 SL at 107.315
Short Cypher at 174.156 TP at 173.664 SL at 174.356
Long Gartley at 1.26533 TP at 1.27872 SL at 1.25913
i have another question. Assuming price did not break LTF structure(pink line) and the price went down much lower (represented by solid blue arrow). Now, the 0.618 of the new fibs ( shown in red color) is below/outside the structure of the double top(green line). In your opinion, is this still a valid trade?