Expecting price to make another small rally to the upper PRZ (red)
If price does in fact follow the original theory which is to push to the lower support zone/PRZ (green) then a bullish gartley will be formed
This is the idea based on the current structure however will watch price closely around the fair price area because price may also bounce off of this which would force me to change to the second theory (purple)
If price does in fact follow the original theory which is to push to the lower support zone/PRZ (green) then a bullish gartley will be formed
This is the idea based on the current structure however will watch price closely around the fair price area because price may also bounce off of this which would force me to change to the second theory (purple)