See description on the chart.
As for the placement of stops and targets;
I see these two as completely different trades with each rule set.
Hopefully, we get filled with the gartley before taking both targets.
Alternatively, we shoot upwards, continuing our bullish journey. After all, we're in a bullish channel. :)
As for the placement of stops and targets;
I see these two as completely different trades with each rule set.
Hopefully, we get filled with the gartley before taking both targets.
Alternatively, we shoot upwards, continuing our bullish journey. After all, we're in a bullish channel. :)
Trade closed: target reached:
Our gartley got filled and target has been hit.
2618 still in progress.
If the market takes too long to decide, the lower channel trendline will eventually reach above my target point. When that happens, I will adjust my target slightly to correlate with the trendline, since this could act as resistance.
2618 still in progress.
If the market takes too long to decide, the lower channel trendline will eventually reach above my target point. When that happens, I will adjust my target slightly to correlate with the trendline, since this could act as resistance.
Perfect!
Definitely one for the books.
See you next time!