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GBPUSD Potential Bearish Gartley Formation
British Pound / U.S. Dollar
Short
GBPUSD Potential Bearish Gartley Formation
By We_The_North
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Updated
Sep 27, 2016
0
Sep 27, 2016
On the 15 min chart here, as price is moving up, we may see a completion of a Gartley Pattern.
Sep 27, 2016
Note
"D" point was reached. Now let's see if price drops to T1 and T2, which I take at 0.382 and 0.618 of the AD retracement. SL above "X" point
Sep 27, 2016
Trade closed: stop reached
Price hit T1 at the 0.382 level. Rolled SL down to break even, then price came back up to stop me out at break even.
Bearish Gartley
Gartley
GBPUSD
We_The_North
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