Long

$GME Gartley/ Cypher variation and daily inside bar off 618

Updated

I will be watching for daily Inside bar break high off 618, It would offer a low risk long w stop against low of mother bar (previous candle), aim top of pattern if this set up triggers, take some off at 1-1 and move stop and more off at 1-2 RR per Ib set up rules, (different set up the Hp's)

I prefer to wait for 786& 1.272 ext, this set up lacks solid structure so I would consider .50% to 1% max risk. Always wait for candle confirmation at trigger levels.

Remember the Gartley has 3 triggers, 786 often lines up with 1.272 & does in this case but watch the ABCD/Lightning level as wel, highlighted below the 786 fib.

Tp 1 stop is even always & take some off please, aim 2 & 3 next.

Stop below X, always.. Leave some room imo, always watch for reclaim of pattern with a pin bar.

Let me know if this chart helps your analysis, please share your ideas for in the comments.

Also with any of my plays, if indices tank the hit rate will plummet, act accordingly please.. No all in:( , trading is a business..

***Gartley's (main) and Cypher's trigger are both 786, so the dual pattern is just to explain I see both here, doesn't add any confluence imo...

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adjusted TP1

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trim some 20.30's :)

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21.85 limit, see if it hits

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24.86 limit Next :)

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26.40's. Hold on tight :) 🌙

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thoughts

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GME watching 786 level

FrancesMarie

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