FX:GBPUSD   British Pound / U.S. Dollar
Price has put in a lower low, lower close on the daily chart , which gives me a bearish bias.
The C-leg of a potential bearish gartley is complete, and I'm now waiting to see if price reaches the D-completion for a shorting opportunity in the direction of the overall trend.

Given that the B-leg retraced as far as it did, the risk/reward on this one is fairly decent for a gartley .
I use a 1.13 fibonacci inversion for stop measured from X to A.

Remember to conduct your own analysis before placing any trade.
Order cancelled: The pattern is now invalid.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out