So we see Triangle, this triangle is must important thing on this chart. I pinned with arrows where could price go.
Targets:
1) First target is as you can see green one which is support.
2) If support holds the price that will rise to Triangle top side. If price breaks the Triangle with GOOD volume then go long to the Trend line, when price reachs the Gartleys D leg then go short to Triangle. Stops on you.
3) My other idea is if price break the support then short to the other support. But it might be risky. And when price comes to Triangle bottom:
What will happen if price breaks the Trend Line? Answer is it will goes for support side which I pinned with arrow.(3rd support)
What will happen if Trend line holds the price? Answer is it will rise to 1st Resistance.
Damn.
Targets:
1) First target is as you can see green one which is support.
2) If support holds the price that will rise to Triangle top side. If price breaks the Triangle with GOOD volume then go long to the Trend line, when price reachs the Gartleys D leg then go short to Triangle. Stops on you.
3) My other idea is if price break the support then short to the other support. But it might be risky. And when price comes to Triangle bottom:
What will happen if price breaks the Trend Line? Answer is it will goes for support side which I pinned with arrow.(3rd support)
What will happen if Trend line holds the price? Answer is it will rise to 1st Resistance.
Damn.
Trade fechado: objetivo atingido:
TP1
Trade fechado: objetivo atingido:
TP2 and TP3
Trade ativo:
Gartley is active right now.
Trade fechado: objetivo atingido:
TP4 reached, Gartley is still active.
Trade fechado manualmente:
Gartley trade has reached the first support line so close your lots %50.
Comentário:
Gartleys 2nd target is trend line btw.
Trade fechado: objetivo atingido:
Gartley TP2