Having reversed at our Dual AB=CD (+ alternate) PRZ, we now have the initial requirements for a Bearish Gartley ( or if extends, Bearish Crab). This rally would be heading toward the target areas for the reversal of the larger AB=CDs. These areas are highlighted from prior post. I have shown both the Gartley PRZ area with its BC extension and AB=CD, as well as the Crab PRZ with its BC extension and AB=CD (alternate) for reference. As this rally is coming off of a potential bottom area, it may well extend and reach the Crab PRZ. At any rate, job 1 is surpassing B!
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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.