Swing Trade Opportunity -Adani Power - Bearish Gartley at Market
Hello Traders,
I have spotted Bearish Gartley Pattern on Adani Power. Price is already in PRZ and one can enter into trade at CMP. Here, PRZ is made of 1.27AB, 1.27BC, AB=CD, O.786XA Fibonacci ratio confluence. This trade set-up has a risk/reward ratio of 1:1.5 for Target-1 and 1:2.6 for Target-2.
Happy Trading!!!
I have spotted Bearish Gartley Pattern on Adani Power. Price is already in PRZ and one can enter into trade at CMP. Here, PRZ is made of 1.27AB, 1.27BC, AB=CD, O.786XA Fibonacci ratio confluence. This trade set-up has a risk/reward ratio of 1:1.5 for Target-1 and 1:2.6 for Target-2.
Happy Trading!!!
Trade active
Trade closed: target reached
Target 1 reached.
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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.