There are some amazing setups forming on the charts, here we have XAG/USD on the 4h chart with a bullish gartley.
Price is currently completing the C to D leg, one to watch going into next week.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
Thank you to all supporting my ideas :)
Price is currently completing the C to D leg, one to watch going into next week.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
Thank you to all supporting my ideas :)
Kommentera:
RSI is showing signs of divergence in the PRZ.
Kommentera:
Price is now sitting on support, looks ready to break.
We will more than likely see a stall out on the trendline where the gartley pattern completes.
We will more than likely see a stall out on the trendline where the gartley pattern completes.
Kommentera:
Support broke earlier today, looking to go long upon completion of the pattern.
Kommentera:
Here is my view on the daily chart, there are no reversal signs right now, the impulse from C to D is aggressive, I'm looking for the move to stall upon reaching support at the trendline.
Kommentera:
To those still holding, you can close your position.
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