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Possible Gartley Pattern in ESENThe Gartley pattern is made up of four price points, labeled X, A, B, and C. The pattern is considered to be valid if the following conditions are met: XA is a retracement of 61.8% of the AB leg. BC is a retracement of 38.2% of the XA leg. CD is an extension of 161.8% of the XA leg. The Gartley pattern is a relatively complex pattern, and it is considered to be a relatively reliable indicator of a potential reversal, but it is important to use it in conjunction with other technical indicators and confirmation signals.
BIST:ESEN
by aragornthegray
KOZAL has a falling wedge ready to break out!BIST:KOZAL formed a nice falling wedge which is waiting for a break out. KOZAL should benefit from the rising FX_IDC:XAUTRYG prices. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BIST:KOZALLong
by WhaleGambit