A nice Gartley Pattern in a Triangle on SPX500.
Updated
Very Interesting R/R. A nice gartley pattern inside a triangle.
Possible C Wave extension(127.1) to 1741.9.
SPX500
Stop Loss above 2117. I would close the trade if a breakout occurs above the top TL.
Have a look at my take on the long term outlook in the picture below.
Good Luck trading.
Regards,
JK.
Possible C Wave extension(127.1) to 1741.9.
SPX500Stop Loss above 2117. I would close the trade if a breakout occurs above the top TL.
Have a look at my take on the long term outlook in the picture below.
Good Luck trading.
Regards,
JK.
Note
Be Careful...Consolidation Taking place... I would close the position if a higher High Higher Close forms above Point XNote
Target 1 closed. Remaining Trades moved to BE.Note
Target 2 Closed. Stop is now a trailing stop with DMA.
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