Feel free to comment if I'm wrong ~ GU buy order on 1.422

FX:GBPUSD   British Pound / U.S. Dollar
235 5 4
1 - Bearish Gartley: The one in pink is drawn based on daily chart basis. Price is moving toward the C leg.
2 - Bullish Bat: The one in blue is drawn based on 4 hours chart and the bullish bat pattern is expected to be completed by today.

Long bias - the red rectangle is a recent support zone in 4 hours chart and the red line on 1.4226 is historical support (the lowest point on year 2010 to 2016, even though this level has been "violated" last week). Therefore I expect this level will be tested again and the price will bounce upward from this level to D leg of the Bearish Gartley . Besides that, the bullish bat pattern expected to be completed around 1.4245 (which is the completion of C leg of Bearish Gartley ).

Buy limit : 1.423
SL: 1.413
TP: 1.472
RR: 1:5
Buy limit will be cancel anytime and switched to market buy order depending on the market condition.

I'm only providing my own thought toward the market but not making any trade call.
Comment: Cancelled buy limit and executed market buy order at 1.42672
same TP and SL
SL will move to breakeven when the price reached 1.44
Comment: SL moved to breakeven.
Trade closed: stop reached
4 hours chart is forming another pattern. Bearish Crab. The C leg of bearish crab will be completed around 1.432 - 1.429, then I expect the price will move toward 1.45 (D leg) or 1.46 (the extension of D leg at Fibo 3.618). Its still in line with the previous analysis. But probably will adjust TP / close manually depending on market condition.
1 hour chart is forming bullish bat ~ potential upside

LeeFuGuo LeeFuGuo
Bullish Crab**
Potential Gartley Bullish at 240. please, take a time to see :)

LeeFuGuo Kadhijah
Thanks :D
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