BSDE potential forming HnS confluence with Gartley Pattern
Updated
BSDE pullback from cup and handle neckline. Potential forming HnS pattern with pullback target (rough estimate only) confluence to Point C of Gartley Pattern.
If price pullback to Point C of Gartley and back up to HnS neckline, the HnS pattern will be completed and hopefully continue to the upside to complete the Gartley Pattern.
Finger Crossed !
If price pullback to Point C of Gartley and back up to HnS neckline, the HnS pattern will be completed and hopefully continue to the upside to complete the Gartley Pattern.
Finger Crossed !
Trade active
Price going very close to point C and reverse up. Let's watch closely if price can reach the HnS neckline and then complete the Gartley.
Trade active
Price just nice going to point C to complete the pattern as well as forming the right shoulder.All looks good especially when price breakout from the neckline of HnS pattern.
Trade closed: stop reached
Personally still hold BSDE and waiting for housing sector to perform when interest rates starts to go down. But it will be sometime before we see any upside.If you cannot wait and wants your money to be active, just close and move on.
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