A nice Gartley Pattern in a Triangle on SPX500.

23 באוק׳ 2015

Very Interesting R/R. A nice gartley pattern inside a triangle.
Possible C Wave extension(127.1) to 1741.9. SPX500

Stop Loss above 2117. I would close the trade if a breakout occurs above the top TL.

Have a look at my take on the long term outlook in the picture below.



Good Luck trading.

Regards,

JK.

2 בנוב׳ 2015

הערה

Be Careful...Consolidation Taking place... I would close the position if a higher High Higher Close forms above Point X

21 בדצמ׳ 2015

הערה

Target 1 closed. Remaining Trades moved to BE.

11 בינו׳ 2016

הערה

Target 2 Closed. Stop is now a trailing stop with DMA.