From wave III in Elliott wave theory, wave IV takes a 38.2% retracement at the same time as a bearish AB=CD Gartley pattern emerged. I normally don't trade this cross but wave 5 Elliotts and Gartkey patterns are high probability trades and seeing this combo, I could not resist.
Happy Trading! :)
Happy Trading! :)
Note
Forgot to add STOP LOSS at 83.60 :)
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Disclaimer
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.