Long off trend line, potential gartley setup
Updated
PRZ is green box. Looking for an entry around Point C of gartley pattern. This would coincide with the orange trend line.
If price breaks trend line, I will be looking for shorts.
Targets will be 0.618 of BC leg and full completion of advanced pattern. S/L just below point A.
Entry: 1.116
S/L: 1.1075
TP1: 1.135
TP2: 1.150
If price breaks trend line, I will be looking for shorts.
Targets will be 0.618 of BC leg and full completion of advanced pattern. S/L just below point A.
Entry: 1.116
S/L: 1.1075
TP1: 1.135
TP2: 1.150
Trade active
Price dipped and came back up nicely. Original targets still the sameTrade closed: target reached
TP1 reachedNote
StopLoss moved to BE
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.