NDX is forming a potential bearish Gartley pattern.
B is 0.619 XA (= very close to 0.618 XA)
C is 0.805 AB (= very close to 0.786 AB)
PRZ is formed based on 3 Fibonacci Targets:
1.41 'BC' projection = 7033.5
0.786 XA = 7001.52
AB = CD = 6960.93
No trade set-up yet, but pretty well defined PRZ to watch for some days to weeks.
B is 0.619 XA (= very close to 0.618 XA)
C is 0.805 AB (= very close to 0.786 AB)
PRZ is formed based on 3 Fibonacci Targets:
1.41 'BC' projection = 7033.5
0.786 XA = 7001.52
AB = CD = 6960.93
No trade set-up yet, but pretty well defined PRZ to watch for some days to weeks.
