Technical analysis by mjchase about Symbol RENDER: Buy recommendation (2/4/2024)

Retrospective review on a harmonic pattern entry. The gartley is a well known continuation pattern , ideal for lower risk higher reward entries in an already established trend . We can see an initial reaction from the 61.8% retracement but the bulls fail to break a new high, this allows the bears to push price down to a lower level , the 78.6%.