A bullish gartly in 4H chart, nearly compete. Let's look at it.
*A gartly pattern is determined X A B C D.
*B is 61.8% fio retracement of XA(1.9370) and C must within 38.2%-88.6% of AB.
The final reverse point:D has to be aorund 1)78.6% retracement of XA and 2) 1.272-1.618 times of BC
So the PRZ zone is around 1.9300-1.9250.
stop loss at 1.9100
Target:1.94715
good luck
*A gartly pattern is determined X A B C D.
*B is 61.8% fio retracement of XA(1.9370) and C must within 38.2%-88.6% of AB.
The final reverse point:D has to be aorund 1)78.6% retracement of XA and 2) 1.272-1.618 times of BC
So the PRZ zone is around 1.9300-1.9250.
stop loss at 1.9100
Target:1.94715
good luck
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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.