GBPUSD Bullish Gartley M60
Updated
Hi, everyone. I’d like to share with You an interesting pattern I found on GBPUSD chart. It's the bearish Gartley pattern localized on M60. The ABCD formation of the pattern is located inside a down trend channel. I expect price to respect the bottom line of the channel at XABCD 78.6% and then bounce off and go straight on to the top line of the channel.
The profits are set on 38.2% and 61.8% of an ABCD pattern.
Greetings!
The profits are set on 38.2% and 61.8% of an ABCD pattern.
Greetings!
Trade closed: target reached
Targets reached :)
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.