pauljaime

GBPUSD 15M - Projected Bearish Gartley

pauljaime Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Bear Gartley forming on the GBPUSD 15M chart - It is a nearly textbook formation.
Note that D leg popped up very fast this evening and we should wait for price action to settle right at the 1.27 A-B extension before deciding on an entry order.

-Paul
Comment:
Pattern completed. Depending on your entry rules and SL to PT levels, it was a winner, but messy. It could have gone either way and the earlier the trade was taken, the better chances existed to hit targets.

Let's keep learning.
-Paul

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