A pending Sell limit with Tight SL and a pending sell stop is waiting at the BO of the lower TL. Extended TP points to a potential Pattern Formation of Butterfly with a confluence of a Gartley pattern
Note
Using the OLD Gartley parameters with a 78.60% XA D completion the price went down but for a 2 pips shy before the pattern completes. A BO will be a good sign to go short on this pair with our extended TP point. 1st TP point would have atleast a 1:1 RR then immediately putting my SL to https://BE.https://www.tradingview.com/x/n2UGcMx7/
Trade active
We are now activeon a S hort position.
Note
Take note that we have still a valid Butterfly as same goes on the Gartley and Bat.
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