We have a bearish gartley pattern nearly complete. just waiting for one more push once price enters the PRZ ( potential reversal zone) I will be waiting for price action to give me a bearish candle then i will enter a short position. for this pattern to be valid I will need price to push into the 1.27 fib ext of B-C then in to the 0.786 of the XA but must not close above the AB=CD labeled in blue. we also have a trend line of two previous highs in confluence with the Gartley pattern.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.