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Sk8eM dUb
replied 2248d
This would've been a valid Gartley but it invalidated. https://www.tradingview.com/x/iFdUL9io
Notice how much volume it needed to get past the horizontal resistance @553
replied 2247d
Why cant you slide D to 2 green after the huge spike? Down trend is right there, as it should be.
Sk8eM dUb
replied 2247d
Here's a Bat I'm watching for now https://www.tradingview.com/x/HAgp93M3
Sk8eM dUb
replied 2247d
D can't go higher than X for Gartleys or Bats. Entry for a Gart is .786, .886. They both invalidate if D exceeds X. It's up to you whether to stay in the trade or stop out.
replied 2247d
not higher, just horizontally right. you have a small green candle right there, at the same price level, after the huge spike.
Sk8eM dUb
replied 2246d
yeah yeah, you're right. Could be any time, I just put it there so you could see it easily. I didn't trade this one but the short entry would've been when that fat 3:00 candle hit $547
Sk8eM dUb
replied 2247d
Just because that's the rule for the pattern. In this case it would've been a great trade, perhaps it's a different pattern that I don't know, but it's not a valid Gartley pattern.