I shorted the CD-leg of this Gartley based on the structure (double top) and it is slowly tracing down towards completion. Currently it is fighting against the structure of the B-point.
The Gartley completes around the 92.00 even handle (BC 1.414 inverted extension, AB 1.272 extension and .886 XA retracement align nicely here).
However, there is also an AB=CD pattern that completes @ the 1.618 AB extension and which would retest previous lows. There are only 15 pips between the completion of both, so which one is it going to be ? I'll definitely put this on my watchlist.
Comments and findings always welcome, and if this completes and you enter a trade based upon it, may the pips be with you !
The Gartley completes around the 92.00 even handle (BC 1.414 inverted extension, AB 1.272 extension and .886 XA retracement align nicely here).
However, there is also an AB=CD pattern that completes @ the 1.618 AB extension and which would retest previous lows. There are only 15 pips between the completion of both, so which one is it going to be ? I'll definitely put this on my watchlist.
Comments and findings always welcome, and if this completes and you enter a trade based upon it, may the pips be with you !
Check out my FREE indicator scripts:
► tradingview.com/u/Profit_Through_Patience/
► tradingview.com/u/Profit_Through_Patience/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Check out my FREE indicator scripts:
► tradingview.com/u/Profit_Through_Patience/
► tradingview.com/u/Profit_Through_Patience/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.