We have a triangle forming, and within it a Gartley completing right at bullish trendline / lower triangle. We also have a AB-CD within the gartley to strenghten the gartley pattern.
Targetting 0.382 fib of A-D move, stop loss below trendline.
Targetting 0.382 fib of A-D move, stop loss below trendline.
Trade closed: stop reached:
Nope!
However, the break of trendline with the following (resisting) retest indicated a good opportunity to get short.
However, the break of trendline with the following (resisting) retest indicated a good opportunity to get short.