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tommyb35
Oct 30, 2016 6:53 PM

Potential Deep Gatley on GBPUSD (Weekly Preview) Short

British Pound/U.S. DollarFXCM

Description

I just put out my weekly review and preview video breaking down a few upcoming opportunities like the one here on the GBPUSD. You have a potential Deep Gartley pattern that will complete at 1.2323. The awesome thing about this setup is the risk reward. Since it completes so high, if you a better than 2:1 reward to risk ratio to target 1. Minimum stops need to be above the X leg, and your standard target 1 is at the 38.2 with target 2 at the 61.8 retracement.
As always, follow your rules and trading plan.
Those who are interested, here is the link to the video: https://youtu.be/HCBLPmeAETo
Good luck and good trading.
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