Federal Bank -Taking U turn@119-Can this be bearish Gartley

Jul 25, 2017

Pattern Invalidates above 119.50+ . As suggested in previous update mentioned below in morning, which is running for federal bank- looking for a small pop up to 119.00 - 119.50 zone. Wow!

There is a bearish gartley which can play it's role if it remains below 119.50 for targets 117.80- 116.70 & below 116.50 as per previous update 114.50- 115 zone.

Previous Update - Gartley Trendline - Federal Structure ( Correction- it is Crab pattern)

Jul 25, 2017

Trade active

12:25 Hrs 25th July2017

Last Price@118.65

In morning at 117.80-117.90 I expected a small pop up to 119-119.50 & was out by 118.70 - we can use that money to take this trade so effectively we don't lose anything in this trade if it goes against us.

Jul 25, 2017

Trade closed: stop reached

Taken our stops at 119.50