Setup -- Bullish Gartley Entry -- Theoretically it is suggested to wait till the price tests the whole PRZ and shows some signs of reversal. Stop -- Swing low below/at the PRZ Target -- 1379; 1384
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No entry yet.
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bought @ 1353
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target will be 1362
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SL 1348
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target hit
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Since price did not pass through the PRZ there was no entry at that level but a simple breakout made some quick buck in just 5 min. No updates.
@himrsandeep, It depends how the trade is initiated. For any aggressive buy, stop can be placed below PRZ..to be on safer side. But for an entry after some sign of strength at the PRZ, or some consolidation there, SL can be placed below that swing low.