Confirmed bearish cypher seems to be leading into a bearish Gartleys C. Stoplosses go at impulselegs in either direction, targets at 38-61%.
Image imgur.com/zJ7fhii
Image imgur.com/zJ7fhii
Note
So this one took a beating from the recent retest and breakout of B - but still it looks bearish towards Gartley C.i.gyazo.com/d7b7b6f926d2387ca02efd08459bd0cc.png
The way I see it, this further validates the Cypher with confirmation of both targets, and now we saw a bounce back up to Gartley C from Cypher targets.
image i.gyazo.com/b81e896232656c0479c092d50a930ce9.png
Note
Gartley C just got confirmed, and we're in for a rise to Gartley D before a short potential.
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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.