Rainbow chart

Another good example of the beauty of advanced patterns when market consolidates : being presented with 3 nice opportunities here in the form of a bullish Cypher (green), a bull Gartley (blue) and a bearish Gartley (Orange).

I'd like to get filled on the bear gartley first, then ride up the both the blue Gartley and Cypher (it is possible in this configuration, to get filled on all 3 and hit target on all 3 if the bear Gartley complets first).

But now let's wait and see what happens !

Trade ist aktiv:

Orange Gartley has been invalidated but just been filled the bullish blue gartley !

Trade geschlossen: Ziel wurde erreicht:

T! hit on bullish Gartley : +64 pips
Stop rolled to BE