After hitting resistance at 0.91496, the following correction waves have given us a Gartley Movement. The PRZ is coming in at 0.896, from which we will enter a short position. TP at 61.8% with 2:1 risk. Look for a stall out/reversal candle on the 4hr chart for a solid entry.
Gartley ratios
B: 0.618
C: 0.382-0.886
D: 1.272-1.618
XD: 0.786
Gartley ratios
B: 0.618
C: 0.382-0.886
D: 1.272-1.618
XD: 0.786
