WhaleAgents

Bullish Gartley Pattern in Ethereum

Long
BITTREX:ETHBTC   Ethereum / Bitcoin
The Gartley pattern is the most common harmonic chart pattern. The bullish version of Gartley predicts an end to the short-term bearish bias and an upcoming trend higher. Once the price reaches point D, which in a perfect Gartley pattern is located between 127.2 and 161.8 Fibonacci extension zones, a rebound is expected. A profit-taking zone is between 38.2 and 61.8 Fibonacci of the CD points, depending on the trading style. A stop should be placed below the 161.8% Fibonacci extension zone. The Gartley pattern is easy to identify and trade it is quite reliable.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.