Im predicting price will retrace to the 0.618 fib then drop down to the 1.27 fibo expansion of AB at which point will be perfect for a gartley pattern to form. Am I jumping the gun? Lets find out.
Ill be entering at the 0.618 retracement stop loss a few pips above A.
Take profit at 1.27 and at B.
Then Ill enter a Buy Order At 1.27
Stoploss around the X mark
TakeProfit at CD 0.618 Retracement
This is only a prediction and a perfect world prediction at that so I will be changing my view on this trade as the week plays out and will update in the comment section
Ciao
Ill be entering at the 0.618 retracement stop loss a few pips above A.
Take profit at 1.27 and at B.
Then Ill enter a Buy Order At 1.27
Stoploss around the X mark
TakeProfit at CD 0.618 Retracement
This is only a prediction and a perfect world prediction at that so I will be changing my view on this trade as the week plays out and will update in the comment section
Ciao