Large Gartley formation on EOS 20% profit potential

This pattern is on track to complete at D, so long entry on signs of a reversal at 9.7 and takes profits an fib retracements on the wave up, with top of wave possible finish at 12.4.

Commentaire:

We overshot the .786 so I suspect more down until the reversal. Worst case scenario is the 1.27 or bottom of channel so important to watch price action here and look for a double bottom and signs of recovery before entering.