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mamed1
Aug 17, 2017 7:50 AM

Buying long Long

British Pound/U.S. DollarFXCM

Description

The pair is forming a harmonic pattern on the 1 hour chart ,we're not sure about the pattern yet ,it could be Gartley ,crab or a bat but we'll deal with it as a gartley because point XA 78.6 is clustered with BC 161 ,and because it's the safest position.the pair is testing point B support now and the price action is respecting it ,a good entry point targeting 1.2950 stop loss 1.2750

Comment

stop loss 1.28800

Comment

take profit 1.29400

Trade closed: stop reached

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