dojitrader

If I Could Only Count 5 Waves UP ???

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FX:EURGBP   ユーロ/ポンド
3
This Gartley pattern is not very bullish, except for the
1.272 of A to B meeting @ the .786,
But, when you try and label the EW count it looks completely
corrective and not even "close" to being bullish.
So, unless this is an X wave for a more complex corrective
price action - the Gartley is doomed to failure.
Thus, I'll be seeking extra clear guidance form the candlesticks
and a Large divergence with the RSI for extremely low risk.
Otherwise this one gets ignored.
(of course, simply watching a trade usually makes it successful, right ?)
{{don't know why but the Maybe X is in the wrong place - see below}}
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