Jump to: Pattern Result
Date and Arrival Time: 2021-04-07 10:15
Symbol Name: NESTLEIND
Pattern and Direction: Bearish Gartley
Pattern Completion Price: 17364.35, Pattern Ideal Completion Price: 17294.15
A Bearish Gartley has arrived at 10:15.
This is a pattern with a formation span of 33 days starting from 2021-02-16 10:15
There is a potential Sell opportunity at 17364.35. A safe stop-loss for this Gartley can be kept at 17645.95 as per the pattern invalidation. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 9th April – Invalidated
Take a look at the results of this Gartley below. After the price goes and maintains a level beyond the pattern invalidation level, the potential trade would be considered lossy and exited.
