Some times, channels doesn’t give you an easy view of direction, but when many converge, it give you a warning to trade with extremely care.
I’m expecting a big up move for this pair and the Bullish Gartley pattern looks to be the time to enter long… will see
If the price hits the PRZ box of the bullish Gartley pattern, I will be watching for bullish divergence and reversal bar pattern inside that box to consider an entry setup.
I’m expecting a big up move for this pair and the Bullish Gartley pattern looks to be the time to enter long… will see
If the price hits the PRZ box of the bullish Gartley pattern, I will be watching for bullish divergence and reversal bar pattern inside that box to consider an entry setup.
Note
Correction: the pattern is a bullish Bat formation. PRZ box between 1.4204 and 1.4080So I expect the price drop a little bit more to consider a long setup.
Related publications
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.
Related publications
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.