GBPUSD-Weekly Market Analysis-Mar22,Wk2
We have a Bullish Deep Gartley on the Daily Chart. There are 3 things that I'm not comfortable with this Deep Gartley Pattern are:
1) A retest at Point C
2) Consolidation right before the Gartley Pattern completion.
3) Strong Bearish Candle as the Terminal Bar of the Harmonic Pattern.
However, what's comforting to see is that the Weekly Support Zone(1.3220~1.31402) coincide with the Deep Gartley Pattern completion.
What you can look out for is a Double Bottom with RSI Divergence that can strengthen the bullish movement of this trading setup.
1) A retest at Point C
2) Consolidation right before the Gartley Pattern completion.
3) Strong Bearish Candle as the Terminal Bar of the Harmonic Pattern.
However, what's comforting to see is that the Weekly Support Zone(1.3220~1.31402) coincide with the Deep Gartley Pattern completion.
What you can look out for is a Double Bottom with RSI Divergence that can strengthen the bullish movement of this trading setup.
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.