There are five potential scenarios. Emphasis on potential.
1. Price rallies up and assumes our two scenarios.
2. Price will complete our gartley pattern by going lower to our D entry point.
3. Price stops us out on the gartley pattern but doesnt go low enough to fill us in on our BAT pattern. (bummer)
4. Price will stop us out on the gartley pattern and head lower and fill us in on our BAT pattern.
5. Price will head way lower and stop us out on both our Gartley and BAT patterns. (extreme bummer)
Whichever way we will have to wait to see how this will play out.
1. Price rallies up and assumes our two scenarios.
2. Price will complete our gartley pattern by going lower to our D entry point.
3. Price stops us out on the gartley pattern but doesnt go low enough to fill us in on our BAT pattern. (bummer)
4. Price will stop us out on the gartley pattern and head lower and fill us in on our BAT pattern.
5. Price will head way lower and stop us out on both our Gartley and BAT patterns. (extreme bummer)
Whichever way we will have to wait to see how this will play out.
Trade ativo
Gartley pattern now in play.Trade fechado: stop atingido
Gartley pattern was stopped out.Trade fechado: objetivo atingido
TP2 (61.8%) of BAT pattern hit.TP3 is at 100% (Around 1.33)
Let's see how this plays out.
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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.