Fxprotrader
Panjang

Verge: Back to Back Advanced Patterns

BITTREX:XVGBTC   Verge / Bitcoin
It's pretty amazing how price repeats itself in Verge during the last sessions. What we may see here is the completion of two bullish gartleys at a key support level (uptrend), with both working great pushing price north. We have a pending gartley which also completes at the support trendline and we have no reason not to trade it having a clear view on how price behaved previously. Afterall Verge has great potential for a huge rally and we just cannot afford skipping bullish setup like the one is about to complete.

Sl and tp as shown in the chart. In case price reaches the first tp we better move sl at breakeven at second position.

All the best,
John
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