Will enter trade at D point of 1.28437 Target 1: 1.29197 Target 2: 1.29637
Will enter trade at completion of D point at .75736 Target 1: .74736 Target 2: .74142
Pattern will complete at D point. Will enter just before D at 76.650. Target 1: 74.651 Target 2: 73.650 Stop: 77.925
I originally posted an idea for a bearish Gartley pattern here, but the form of this pattern is closer to a Bat pattern so I will be playing the trade as a Bat instead. Pattern completes at D 0.75771. Target 1: 0.71412 Target 2: 0.68362 Stop: 0.77662
We have a Gartley pattern that completed the D point during Brexit. Due to the significant thrust from C to D and lack of time symmetry my thought is the Gartley pattern will be invalidated and we will extend down into the Butterfly pattern. IMO this will likely get closer to the 1.618 extension, but is a valid bullish pattern once the 1.272 extension is...
Pattern has completed at D point of 1.03170 Target 1: 1.07435 Target 2: 1.09670 Stop: 1.00170
Pattern will complete at D point of 1.26205 Target 1: 1.28205 Target 2: 1.29605 Stop: 1.24405
Pattern will complete at D point of .74150 Target 1: .69850 Target 2: .67000 Stop: .77750
So I didn't catch this trade in order to take it, but thought it was a perfect example of a Gartley pattern working perfectly even through a major news swing in prices.
Will go long at D point of 1.27721. Target 1: 1.28990 Target 2: 1.29821