There are some amazing setups forming on the charts, here we have XAG/USD on the 4h chart with a bullish gartley.
Price is currently completing the C to D leg, one to watch going into next week.
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
Thank you to all supporting my ideas :)
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RSI is showing signs of divergence in the PRZ.
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Price is now sitting on support, looks ready to break.
We will more than likely see a stall out on the trendline where the gartley pattern completes.
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Support broke earlier today, looking to go long upon completion of the pattern.
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Here is my view on the daily chart, there are no reversal signs right now, the impulse from C to D is aggressive, I'm looking for the move to stall upon reaching support at the trendline.
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To those still holding, you can close your position.
salute