YZJ SHIPBLDG SGD
Long
Updated

YZJ - Potential non ideal - Gartley Bullish Pattern

148
Potential Gartley Bullish Pattern on daily chart may have form. However, the ranges of XD is away from the ideal 0.786 nor D is in the ideal 1.27 fib range.

This is not financial advise.
Note: It will be good to always understand the risks involve in trading. Always trade with stop loss in place.
Note
snapshot
Note
Bearish engulfing + bearish divergence = down ; sit tight
Trade closed: stop reached
pattern invalidated

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.