RaynLim

GBPUSD-Weekly Market Analysis-Dec21,Wk1

Short
FX:GBPUSD   British Pound / U.S. Dollar
If you had watched the video analysis, you would have seen how the wick of the candlestick touches the Bearish Parallel Channel and reverse. That's when you know you have plotted the trendline or channel accurately.

Within this 1-hourly chart, from X to A leg, there is an AB=CD Pattern hidden within the setup. Are you able to spot it? This is a quick check on your proficiency in the Harmonic Patterns .

1.3377 Is the completion of the Bearish Deep Gartley which happen to complete within the sell zone of both the 1-hourly and 4-hourly chart.

It is a great opportunity for a trend trading opportunity.

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