Get started
dylancowan

End of Gartley Pattern w/ Long-term Resistance

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
dylancowan Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Gartley GBPUSD
0
0
gartleypattern gbpusd
GBP/USD has completed Gartley pattern, looking for a retracement to .382 where TP 1 is. May continue bearish until .618 retracement at TP 2.

There is a long-term trendline that has acted as resistance. With two previous failed attempts to break. Nice set up here. Stop loss should be above trendline.
Comment:
TP 2 was hit. Successful Trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.