nadavhurwitz

GBPUSD - Bearish Gartley - Short

Short
FX:GBPUSD   Livre sterling / Dollar américain
GBPUSD
A bearish Gartley Harmonic Pattern has formed.
We see a almost perfectly symmetrical AB=CD pattern forming inside a channel.

High Risk: Enter trade one all levels of the Potential Reversal Zone have been reached.
More conservative: Wait for a reversal candle on the daily/4H chart.

Take profit 1 at 1.3129 (38.2% AD)
Take profit 2 at 1.2949 (61.8% AD)

Make sure to manage your trade properly, tighten stops and beware or possible reversals.

A formation of a Shooting Star reversal candle on the daily chart will increase the conviction of the trade.

Happy trading!

Feel free to ask questions.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.