GBP/USD - Bearish 5-0
One of the three opportunities I'm watching going into 2017, let's kick start it in profit!
I'm looking to sell once price completes the pattern at the D point around 1.24200.
Stop loss: 1.25400
Take profit: 1.20700
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
You can view the full breakdown of this currency pair during my latest YouTube video.
I'm looking to sell once price completes the pattern at the D point around 1.24200.
Stop loss: 1.25400
Take profit: 1.20700
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
You can view the full breakdown of this currency pair during my latest YouTube video.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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