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Sep 16, 2016 7:24 AM
GBPUSD: Patterns for the Bulls and Bears
FX:GBPUSD
60
British Pound/U.S. Dollar
FXCM
Description
⋅
Sep 16, 2016 7:24 AM
Hi Traders,
Pound is setting up both Bullish and Bearish Gartley patterns on the hourly timeframe. Take your pic, or take both (assuming we go down before we go up)!
Bullish Gartley setup
Entry: 1.31700
Stop: 1.31250
1st target: 1.32100
2nd target: 1.32350
Bearish Gartley setup
Entry: 1.32990
Stop: 1.33600
1st target: 1.32410
2nd target: 1.32010
It's been a big week for advanced patterns like these, although not many have been filled yet.
Have a great weekend all,
Luke
pound
Gartley
Harmonic Patterns
Fibonacci
Bullish Gartley
Bearish Patterns
Bearish Gartley
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