Usually I post trades prior to trading. For some reason I didnt post this one. DOnt know about the rest of you, but I certainly like trading butterfly patterns along with the gartlies.
I believe the diamonds are having a small pull back because of the resistance shown. If in fact it breaks we could see $130.00 give or take a few dollars.
Over the last 2yrs I have noticed in the Drug index the Gartleyt and Butterfly Patterns work extreamly Well. Here is a Bearish Gartley Also notice it has a double top.