We made the push up to point D (.786) completing the Bearish Gartley pattern that I have been tracking the past week!
We got the quicker than expected retrace to the (.50) support zone "which" also back tested the symmetrical triangle we broke out of!
This was a great opportunity to re load the bags for another potential swing trade to the upside!
We are now looking for another push to:
Target #1- $2.62
Target #2- $2.90
Always use a stop loss!!
Let me know what you guys think!
We got the quicker than expected retrace to the (.50) support zone "which" also back tested the symmetrical triangle we broke out of!
This was a great opportunity to re load the bags for another potential swing trade to the upside!
We are now looking for another push to:
Target #1- $2.62
Target #2- $2.90
Always use a stop loss!!
Let me know what you guys think!