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taksistalo
Mar 9, 2018 7:49 PM

GBP/USD Going up Long

British Pound / U.S. DollarFOREX.com

Description

Hello Traders,
Please check out this messy chart =)
We might have a nice move up next week. Looking forward to see what the price action will do on lower time frames.

There are Bats, Garthley and Cypher in there. If we have move down we can invalidate all patterns to the upside but complete some to the down side.

Garthley - upside - blue - completing around 1.4
Bats - upside - red - completing around 1.409 and 1.4215

Bat - downside - light blue - completing around 1.3765
Cypher - downside - yellow - completing around 1.3765
(There is nice confluence on pattern completion with pivot point )

Lets enjoy the weekend and come back next week fresh and ready to grind.

Trade closed: target reached

Target 1 reached

Trade closed: target reached

Second target reached. Great profits

Comment

Patterns are nicely completed, not will be watching for reversal sign =)

Comment

Nice reversal =) More outlook needed now
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