There is two different plays on the chart.
One is a conservative profit zone (orange gartley). The 1.414 fib lines up with the 61.8 on the conservative play.
The second is an aggressive profit zone (yellow gartley). The 241.4 is above the 38.2. At the 38.2 there is a previous double top.
Stops need to be under the support zone ( indicated on the chart).
One is a conservative profit zone (orange gartley). The 1.414 fib lines up with the 61.8 on the conservative play.
The second is an aggressive profit zone (yellow gartley). The 241.4 is above the 38.2. At the 38.2 there is a previous double top.
Stops need to be under the support zone ( indicated on the chart).