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Bearish Harmonic Pattern - GBPJPY (Daily)

Short
British Pound / Japanese Yen (FX:GBPJPY)  
safri  
FX:GBPJPY   British Pound / Japanese Yen
Harmonic Patterns harmonictraders Bearish Gartley Gartley AB=CD potentialreversalzone PRZ
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harmonicpatterns harmonictraders bearishgartley gartleypattern abcdpattern potentialreversalzone prz
Hello Traders,

I have observed potential Bearish Gartley formation on GBPJPY. Potential Reversal Zone (PRZ) is highlighted for short entry for potential swing trade. Here, PRZ is made of AB=CD, 1.27AB and 0.786XA Fibonacci ratio confluence. This potential set up has a risk/reward ratio of 1:1.2 for Target-1 and 1:2 for Target-2.

Follow this idea for further updates.

Happy Trading!
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