chrystael

WHAT A BEARISH GARTLEY PATTERN

Long
FX:EURGBP   Euro / British Pound
look at this patter

ab=cd pattern completion likely

area of fibo clusters and likely market reversal to continue in its down trend

market over extended for a perfect entry

three profit targets

good luck guys

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Comments

I could have benefited from this trade greatly, but i had to highten my entry instead of normal 78.6% for gartley i used 88.6% which i have been using mostly. This is to reduce thr risk to reward ration and give me potential reversal whereby market must been going to much and just needs the break to reverse or pullback a lil.

However this pattern is still valid. Until it is broken out. But for you to enter the trade you should be very very careful doing that cause i shoild have kept it at 78.6%.

However no trade was made and there no potential risk and no money gone.

Keep up for more opportunities.

Happy trading people
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