Quiet in the Asian session again so I'll keep the ball rolling ![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
I have two scenarios mapped out- bull and bear (ST).
Bull
Yesterday we reached the AB=CD (not quite an ABCD without a 61.8% fib retracement of the first swing down- white solid TL). This is expected to recover almost fully the second swing, however as I said it lacks strength so the retracement may not be so deep (large magenta box).
Bear
A continuation Gartley is reaching the final stage reaching for "D" where we could see the bears come in heavy.
I got in Long at a terrible price but imo for as long we hold above the solid rising slate blue TL the bulls are in control.
Overshoot Gartley or bears re-sell?
Edit: Covered long BE and went Short 6 pip SL (I'm allowed to hedge in Aus
)
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
I have two scenarios mapped out- bull and bear (ST).
Bull
Yesterday we reached the AB=CD (not quite an ABCD without a 61.8% fib retracement of the first swing down- white solid TL). This is expected to recover almost fully the second swing, however as I said it lacks strength so the retracement may not be so deep (large magenta box).
Bear
A continuation Gartley is reaching the final stage reaching for "D" where we could see the bears come in heavy.
I got in Long at a terrible price but imo for as long we hold above the solid rising slate blue TL the bulls are in control.
Overshoot Gartley or bears re-sell?
Edit: Covered long BE and went Short 6 pip SL (I'm allowed to hedge in Aus
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
As the lights go by so too do the shadows move
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