Above is the daily chart. You can see we filled the gap yesterday and continued down today, until we bounced off the 78.6% Fibonacci and Bollinger Band. We're still under the 8ema, which is bearish. But we're also still above the Gartley X and D points, which means the bullish Gartley pattern is still valid and working.
So, we're still holding the bullish position. We'll continue to hold it until the X point is violated, which would invalidate the Gartley pattern.
However, we are in a race against time, as the option will expire on August 20th. And its losing a little value everyday due the Theta time decay.
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