Butterfly Meets Gartley - Will They Create A Short ???
I kinda like this set up ~~~~ Uh Ooohh!
(If I'm not sweating bullets that's when I need to worry)
Stops are debatable with the Gartley going above X
but, Butterflies are usually immediate reversal patterns
that need small stops and both patterns are right up against
resistance allowing for a smaller stop, in my mind, just above
103.71 where A = C. How tight is the question ~~~~~~
Seasonally, Oil tends to continue it's rally through April.
Let's hope that by the time price reaches the entry, the
season will be over.
{Have I ever mentioned that the candlesticks are my best tool
for entries and stops ?}
(If I'm not sweating bullets that's when I need to worry)
Stops are debatable with the Gartley going above X
but, Butterflies are usually immediate reversal patterns
that need small stops and both patterns are right up against
resistance allowing for a smaller stop, in my mind, just above
103.71 where A = C. How tight is the question ~~~~~~
Seasonally, Oil tends to continue it's rally through April.
Let's hope that by the time price reaches the entry, the
season will be over.
{Have I ever mentioned that the candlesticks are my best tool
for entries and stops ?}