GBPUSD-Weekly Market Analysis-Jun22,Wk1

A Bearish Shark Pattern has been completed and I'm waiting for a check back at 1.2652 for a trading opportunity that could head towards a potential Head and Shoulders setup on the daily chart and a Bullish Gartley pattern on the 1-hourly chart. The order of the move makes a great difference on the profit potentials.

The best outcome would be the Gartley Pattern on the 1hourly chart, 1.2573 forms up before the check back of the Shark Pattern on the 4-hourly chart, which is the current timeframe for the maximum income potentials.

Trade active:

SLE: 1.2637(+7)