BULLISH GARTLEY ( POSITIONAL TRADE SETUP ON ABAN. DAILY CHART)
Hi
A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts .
Potential Price reversal zone will be
1.13BC = 211.5
0.786XA= 206
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Note : Daily Trend line shown as red color.
Stop loss would be placed below X leg structure support .
Target 1 - 229
Target 2 - 243
To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2.
Trade with Care,
Gulz.
A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts .
Potential Price reversal zone will be
1.13BC = 211.5
0.786XA= 206
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Note : Daily Trend line shown as red color.
Stop loss would be placed below X leg structure support .
Target 1 - 229
Target 2 - 243
To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2.
Trade with Care,
Gulz.
Comment:
Setup is still valid ..
Order cancelled