Following bearish swing pair is now forming bearish flag pattern on 1D time frame. (see pic.below)
Inside the flag pattern pair is now potentially forming a bullish gartley , that is completing right below the trendline of the flag.
RSI is nearly oversold already so we may see it diverging at the completion of the pattern which is just excellent confirmation of patterns validity.
ATR based stops below the gartleys starting point X.
Trade your plan and good luck in the markets!
RSI is nearly oversold already so we may see it diverging at the completion of the pattern which is just excellent confirmation of patterns validity.
ATR based stops below the gartleys starting point X.
Trade your plan and good luck in the markets!
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