bearish Gartley pattern multiple time frame analysis No.2
I check out 30 minutes time frame to seek more patterns and evidences. there is parallel channel and price touch upper line of channel coincide with AB=BC pattern at daily chart.
You can use breakout of channel to trigger short sell position because it confirms probably the pattern at daily time frame is recognized correctly.
another aggressive approach is to sell when price reaches upper line of channel. In this approach you may close partial of your position at the lower line of channel and wait to see if the channel breaks or not.
You can use breakout of channel to trigger short sell position because it confirms probably the pattern at daily time frame is recognized correctly.
another aggressive approach is to sell when price reaches upper line of channel. In this approach you may close partial of your position at the lower line of channel and wait to see if the channel breaks or not.
