Let’s see this Gartley Bat. As can be seen, the Bat is not very precise, however, it is enough for us to get some information.
The XD is a little higher, and the AC is a little lower. This situation could tell us that the two waves are basically going up. But it still a Gartley Pattern.
The Volume shows us that the sellers are more confident recently.
The MACD is about to make a dead cross, as we can see, the blue line already started to go down.
The D point of the Gartley Bat could be a resistance point. This point is just on the upper band of the Bollinger Bands. This could tell us that the price is ready to bounce back.
Let’s expect the price to go down.
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