A beginner's perspective

Updated
Is this what we call the Bull Gartley Pattern?
Note
Looks like we're gonna retrace at 7800
Note
if you bought at 7800 as suggested by chart then you may want to consider selling now
Order cancelled
7800 was a good target for short position, but support at 7800 was way too optimistic. As of writing, we have just formed yet another lower low after fall from a lower hight, confirming yet again the down trend.
Trend Analysis

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