GBPUSD: Perfect gartley's pattern Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 3, 2017 3:19 AM

Reason to entry:
-perfect gartley's pattern (B=61.8, C=61.8)
-completion at triangle resistant
-78.6 and 127.2 fib confluence
-RSI divergence
-strong structure at gartley completion

Entry:
-gartley completion

Exit:
-38.6 retracement
-support of triangle

Void if:
failed gartley

Remember that market always right!
Manage your trade well!

Comments

stampe

⋅ Apr 3, 2017 6:30 AM

Hi William. Thanks for sharing all your ideas. I have a question. I am relatively new to Tradingview (just started using it) and 5 point patterns. When do you use XABCD and Cypher pattern drawing tool in Tradingview ?? Are Cypher different to all the other 5 point patterns.