Gartley pattern is setting up on the weekly Silver chart and is likely to complete around the $15 mark (Point D).
Orange boxes at B and C show required termination zones for AB and BC legs.
The target is the dashed green line which is the 0.382 retracement of XA. Stop loss is a break below X.
This trade has a 1:2.6 risk/ reward ratio.
Orange boxes at B and C show required termination zones for AB and BC legs.
The target is the dashed green line which is the 0.382 retracement of XA. Stop loss is a break below X.
This trade has a 1:2.6 risk/ reward ratio.
Trade active:
Opened long position at $15/oz