Jump to: Pattern Result
Date and Arrival Time: 2021-02-24 10:10
Symbol Name: <Symbol>
Pattern and Direction: Bearish – Gartley
Pattern Completion Price: 5559.20, Pattern Ideal Completion Price: 5560.55
A Completed Gartley has arrived at 10:10.
This is a pattern with a formation span of 3 days starting from the 2021-02-19 10:45 – 2021-02-24 10:10.
There is a potential Sell opportunity at 5559.20. A safe stop-loss for this Gartley can be kept at 5621.95, which is the upper bound of the Potential Reversal Zone (PRZ) as per the pattern or depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 26th February – Success!
Let’s take a look at the results below. The price hit the target at market open on 12th April, a move of at least 5.6% obtained or more.
