- Completed Bearish Gartley pattern with the first take profit zone (the 38.2% retracement) around the previous structure trend line that was acting as resistance, also daily resistance (D1 - now support);
- 4h structure trend line broken and tested (check lower time frames);
- Daily Structure trend line broken but not tested yet; (the Gartley may give an hand on that... eventually)
- Bearish Bat pattern at 88.6% retracement, also a test to the previous structure trend line that was acting as support trend line;
BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD
GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD