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Forexmani
Mar 25, 2018 11:48 PM

GBPCAD POSSIBLE BEARISH GARTLEY PATTERN Short

British Pound/Canadian DollarFXCM

Description

We have a possible bearish gartley pattern on the weekly chart of the GBPCAD pair supported by the weekly horizontal support lines. Leg D completion should be completed at the end of the week for a possible short position.

Thanks.

Comment

If the pattern holds we will be zooming into the smaller timeframes for a good entry positions . Patience is the key in forex.

Comment

The pattern just closed with a bearish candle on the final leg. This trade should be on my watchlist . Will watch for price action on H4 and daily timeframes for entry.

Trade active

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