bearish gartley possible short
Bearish Gartley pattern completion at .80200
trade execution after breakdown through trigger bar S.o.R., MA 8, and MA 20
take profit target #1 .79450 take profit target #2 .78950
stop loss at .80180 seems excessive but covers previous price bar. Dependent on fund capability try not to risk more than 2% of capital
trade execution after breakdown through trigger bar S.o.R., MA 8, and MA 20
take profit target #1 .79450 take profit target #2 .78950
stop loss at .80180 seems excessive but covers previous price bar. Dependent on fund capability try not to risk more than 2% of capital
Note
If continuation of uptrend look for a bearish crab to complete between .82080-.82450Also look for the retest of oversold section of RSI
New update upon pattern completion for TP & SL
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.