05/02-20: The day it all made sense...

2020-02-05 19:49:29

Finally, after having it thrown in my face on a daily basis for almost a year, it suddenly struck my mind...
Isn't it wonderful how the mind works..

Here we have a strong Gartley 886 anticipating the sell-off in this chart. Eventually the chart painted a butterfly but a very extended version.

The question remains: Is this the end of the Gartley 886 or will the buyers officially take over after claiming 0.667 as support?

Time will tell.

Happy trading folks

God bless