Reason to entry:
-Gartley's pattern in form of butterfly's pullback
-AB=CD pattern
-price already penetrated flag pattern
-wait for RSI and candle formations
Entry:
-AB=CD completion, or
-gartley's completion
Exit:
-Gartley's 38.2 retracement
-Gartley's 61.8 retracement
-retest of flag's pole
-projection of flag's pole
Void if:
-price goes trough 161.8 extension of butterfly
-widen the stop to prevent market's volatility (Fed rate hike, and other USD big news)
Remember that market always right!Manage your trade well!
-Gartley's pattern in form of butterfly's pullback
-AB=CD pattern
-price already penetrated flag pattern
-wait for RSI and candle formations
Entry:
-AB=CD completion, or
-gartley's completion
Exit:
-Gartley's 38.2 retracement
-Gartley's 61.8 retracement
-retest of flag's pole
-projection of flag's pole
Void if:
-price goes trough 161.8 extension of butterfly
-widen the stop to prevent market's volatility (Fed rate hike, and other USD big news)
Remember that market always right!Manage your trade well!
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.
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.