The stop-loss point is often positioned at Point 0 or X and the take-profit is often set at point C. Gartley patterns should be used in conjunction with other forms of technical analysis that can act as confirmation.
Possible opportunity to see a bullish market here. Good to check reports on the inflation in Japan & how the trade wars are affecting Yuan currency.
May see retracement and a gap based on trade wars. Valid bearish Gartley pattern short opportunity to go short. Overall long view for the week.
Waiting for the market to open based on trade wars and a possible gap. The stop-loss point is often positioned at Point 0 or X and the take-profit is often set at point C. Gartley patterns should be used in conjunction with other forms of technical analysis that can act as confirmation.
Waiting for the gap when the market opens. Will experience a bearish movement that market goes long. Should wait for the LOW or if gap hits, at high then market should correct itself by going bearish. The market shows strong resistance and support this year, showing range since the beginning of the year.
4 hour going short, day view demonstrates uptrend. Waiting for the market to open, possible gap based on trade wars.