1. Entry Zone
The ideal entry zone for a BUY order is the Potential Reversal Zone (PRZ) between 0.6485 and 0.6505. The current price of 0.64994 is perfectly within this zone, offering a potential entry.
2. Stop Loss
To protect against the pattern failing, a stop loss should be placed just below the X point of the pattern.
Stop Loss: Below 0.64433 (the X point). A logical level would be 0.6435.
3. Profit Targets (Take Profit Levels)
Targets are based on Fibonacci retracements of the entire CD leg or the XA leg.
TP1: 0.65500 (Previous resistance)
TP2: 0.66000 (Key level, often a 0.618 retracement of AD)
TP3: 0.66500 (Equal to the X point or a significant resistance level)
Summary of the Corrected Trade Plan
Component Level / Action
Pattern Bullish Gartley
Bias Buy
Entry Zone 0.6485 - 0.6505
Stop Loss (SL) 0.6435
Take Profit 1 (TP1) 0.65500
Take Profit 2 (TP2) 0.66000
Take Profit 3 (TP3) 0.66500
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Trade ativo
TARGET 1 reachedTrade fechado: objetivo atingido
TARGET 2 reached Happy Hunting
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.