Possible Crab pattern on GBPUSD pair. Daily candle close below 1.3000 level would invalidate the pattern
Longs
Expect an entry point around 1.3125 on NPF volatility.
SL: 1.3025
TP1: 1.3340
TP2: 1.3678
Shorts
Entry point: 1.3675
SL: 1.13775
TP1: 1.3368
TP2: 1.3176
Longs
Expect an entry point around 1.3125 on NPF volatility.
SL: 1.3025
TP1: 1.3340
TP2: 1.3678
Shorts
Entry point: 1.3675
SL: 1.13775
TP1: 1.3368
TP2: 1.3176
Comment:
Entering long position before the Services stats. First target: 1.3450. SL: 1.32
Possible Gartley and Crab patterns
Possible Gartley and Crab patterns
Trade active:
Finally! It has started to move in our direction, C point for Gartley to be confirmed. Daily close above 1.3452 will invalidate the alternative scenario Gartley pattern
Comment:
Moving stops to breakeven before the Services PMI report
Trade closed manually:
Closed at 1.3420
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
Therefore, 1.3120 is my entry point for Longs