End of Gartley Pattern w/ Long-term Resistance
GBP/USD has completed Gartley pattern, looking for a retracement to .382 where TP 1 is. May continue bearish until .618 retracement at TP 2.
There is a long-term trendline that has acted as resistance. With two previous failed attempts to break. Nice set up here. Stop loss should be above trendline.
There is a long-term trendline that has acted as resistance. With two previous failed attempts to break. Nice set up here. Stop loss should be above trendline.
Commentaire:
TP 2 was hit. Successful Trade.