On the chart we can see that the price is forming Gartley pattern formation. If the price break to the down side it will be good opportunity to go short with R/R ratio 1:2
If price breaks to the up side Gartley pattern will not be valuable and price will change formation.
If price breaks to the up side Gartley pattern will not be valuable and price will change formation.
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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.