Broom

OMGBTC Textbook Bearish Gartley

BITFINEX:OMGBTC   OmiseGo / Bitcoin
The main rules of a gartley are as follows from profitF.com

The main rules of the Bullish and Bearish Gartley are as follows:

AB must retrace 61.8% of the XA leg
BC can retrace between 38.2% – 88.6% of AB
CD can be an extension of 1.272% – 1.618% of AB
CD can also be a retracement of up to 78.6% of XA leg
The point D is known as the PRZ or Potential Reversal Zone
From Point D, a trade can be entered with stops at or above (below) the price point at X.



I've played the stop loss and target 1 at the correct levels as well.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.