This is from 07.June
where R level at C worked as expected.
It should be self explanatory so I'll keep it short and sweet. If 115 fails to hold, there is strong chance to hit 91 level that popped up from a rather sloppy and now invalid 3 dives pattern. As it's a bullish Gartley, expect upward momentum from D.
The red fat R at 115.28 is from weekly chart. If this holds, and LTCUSD happens to make it above 122/125, this all becomes invalid and it's a whole new ballgame.
It should be self explanatory so I'll keep it short and sweet. If 115 fails to hold, there is strong chance to hit 91 level that popped up from a rather sloppy and now invalid 3 dives pattern. As it's a bullish Gartley, expect upward momentum from D.
The red fat R at 115.28 is from weekly chart. If this holds, and LTCUSD happens to make it above 122/125, this all becomes invalid and it's a whole new ballgame.
Trade closed: target reached
"The red fat R at 115.28 is from weekly chart. If this holds, and LTCUSD happens to make it above 122/125, this all becomes invalid and it's a whole new ballgame." It held like a rock so, 131 S is in place.
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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.