Gartley in formation. It hasn't crossed the B point thus far so we'll have to wait before placing a limit order. I'll update as it forms.
i'm just testing a new strategy. May not be reliable.
I'm expecting the market to probably continue bearish to around the 4300 area which would also be the 78.6% retracement of the market from its lowest low to its highest high and there also seems to have some resistance in this area. The market may come down to this area and then it'll go bullish and return to the current price level of 7800-8000 range.
JUST A THEORY. DONT TRADE IT. I JUST WANT TO TEST MY IDEA
Only completed if it touches the horizontal line
High reward.. low risk.... lets wait and see what'll happen! pattern could reverse before my entry point but we'll see.
I'm a harmonic trader... practically blown my account about 4 times by trying different strategies... always high risk trades. I used murray math lines in a previous strategy before... and boom in one day i went from 100$ to over 1500$. 2 days later i had 5$ alone. Due to high risk. I've learnt from my mistakes and i've begun harmonic trading which has alott of...