There are some amazing setups forming on the charts, here we have XAG/USD on the 4h chart with a bullish gartley.
Price is currently completing the C to D leg, one to watch going into next week.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
Thank you to all supporting my ideas :)
Price is currently completing the C to D leg, one to watch going into next week.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
Thank you to all supporting my ideas :)
Note
RSI is showing signs of divergence in the PRZ.Note
Price is now sitting on support, looks ready to break.We will more than likely see a stall out on the trendline where the gartley pattern completes.
Note
Support broke earlier today, looking to go long upon completion of the pattern.Note
Here is my view on the daily chart, there are no reversal signs right now, the impulse from C to D is aggressive, I'm looking for the move to stall upon reaching support at the trendline.Note
To those still holding, you can close your position.Trade closed: target reached
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.