USD/TRY - Bullish Gartley
Hello traders, here is a nice long term opportunity on the 4h chart with USD/TRY.
With price making its way down, the completion of a bullish gartley pattern will create an excellent opportunity to enter a position with a 1:2 risk to reward.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
With price making its way down, the completion of a bullish gartley pattern will create an excellent opportunity to enter a position with a 1:2 risk to reward.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
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