Sell Set Up? Gartley + ABCD
Updated
It's great to be back now after a looooong break... :D
Looking to short now....
1. Completed Gartley formation
2. ABCD pattern developing
3. Price is rejected on the downward trendline
4. RSI is overbought
5. Price is at a Fib confluence area
Trade with care and with a tested strategy.
Your views are welcome.
Looking to short now....
1. Completed Gartley formation
2. ABCD pattern developing
3. Price is rejected on the downward trendline
4. RSI is overbought
5. Price is at a Fib confluence area
Trade with care and with a tested strategy.
Your views are welcome.
Trade closed: stop reached
Price has broken trendline. Looking at price action at the June 24 to July 12 resistance zone to determine next step. (The pair may have a re-test of the trendline and develop into a three-Drive trade)
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.