Omnishambles
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0Joined Mar 21, 2015
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Looks the bear will complete first but is running into resistance so who knows.. P.S. Hopefully I coined the term Gartley pincer and it hasn't been used before :)
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I don't trade daily charts but a good reason to get short at LTF
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Still waiting for target 2 on the smaller bat (green line). Hopefully we'll see a bounce off that and then a press up into 0.7874 region to complete our D leg of the Gartley where can get short again.
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Stops above minor structure for very nice R:R
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Pushing back up into overhead resistance, previously support, in bearish trend. Fib confluence at resistance and a triangle pattern indicating a break to the downside.
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Bearish Gartley completion on the 30 minute chart.
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