A very, very long-term trade which I didn't jump on but it fits the criteria of a Gartley pattern
B is a 61.8, and doesn't touch, or close, on or below the 78.6 of XA
C manages to close just below the 78.6 of AB
D is an almost perfect 161.8 (Rules state a 127.2 or a 161.8).
Clear rebound at point D
Targets for a Gartley would be a 38.2 of AD (1.25596)
Stoch...
I'm always commenting and reading other projections by fellow traders. I think it's time for feedback on my thoughts from the community GOOD or BAD. It's what makes us better.
BLUE Channel: 4H
PINK Channel: 1H
Retrace back to the 1.2500 levels. Quick TP tight SL.
FYI,
This is a follow-on to my original post. I'm still getting the hang of the site and my first...