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
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...
Note
adjusted TP1 Note
trim some 20.30's Note
21.85 limit, see if it hits Note
24.86 limit Next :)Note
26.40's. Hold on tight :) 🌙Note
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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.