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xela75
Dec 18, 2017 9:16 PM

Bearish Gartley w/ RR 1:1.67 at EURGBP Short

Euro Fx/British PoundFXCM

Description

There is a potential bearish Gartley pattern at EURGBP with an overall RR of 1:1.67 (if both targets are hit). The entry has had minor as well as major (daily) support and resistance in the past with multiple touches. Also there is Fibonacci confluence on the daily. SL above X (e. g. ATR based).

Entry: 0.88326
SL: 0.88446
T1: 0.88173
T2: 0.88078

Good luck!

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