Will be looking to long Band at hourly support levels
REASONS:
1. hourly trendline (orange) looks strong basing on previous touches.
2. If Gartley Pattern Leg D forms at the trend line. (CONFIRMATION)
3. I am currently monitoring price movement between the base of that hourly impulse (X) and
the High (A) as I adjust legs B and C
4. I expect price to wick through my trend to the LTF (5 minutes) support. which is the last support of this drop. this gives better price for entry, slightly below the trendline.
REASONS:
1. hourly trendline (orange) looks strong basing on previous touches.
2. If Gartley Pattern Leg D forms at the trend line. (CONFIRMATION)
3. I am currently monitoring price movement between the base of that hourly impulse (X) and
the High (A) as I adjust legs B and C
4. I expect price to wick through my trend to the LTF (5 minutes) support. which is the last support of this drop. this gives better price for entry, slightly below the trendline.