GBPUSD TRADE Read the description + notes on chart

FX:GBPUSD   British Pound/U.S. Dollar
Hi everyone we have potential patterns lining up with the trendline . This pair broke resistance and now looks like it is acting as support. My long setup has a target towards 1.57614. The green pattern lines up with the trendline , the blue one actually finished around 1.586

Lets see and Good Luck
What kind of stop loss did you place on this to complete the D leg?
Hi Nashim, I am guessing you are asking the SL once the patterns are completed? SL would be just above the X leg
NashC KevinSinghDhaliwal
Was on about what SL would be needed to invalidate the D leg of the gartley, decided to catch the wave up with you
NashC NashC
Or would a SL not be necessary in this case?

And thanks for the prompt response, keep up the amazing work
Once the price reaches the D leg, the pattern is triggered and valid. Which makes me put my SL above the X leg (for both patterns).The actual patterns should be finishing above the trendline, but many times I base my patterns around the trendline (green pattern). So lets see how the price acts around the trendline. hopefully this answers your question. And thank you for the kind words :)
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Nice Kevin.
Matches my gbpjpy outlook, a brief move up before a huge fall.
Do you have any patterns fitting there?
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Hi Ivan, I currently don't see any patterns setting up on GBPJPY but yes same idea as gbpusd. Lets see how it works out. Should work out pretty good
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Target reached, short opportunity now
IvanLabrie PRO KevinSinghDhaliwal
It'll surely correct now.
I'll wait a bit though, no valid setup for me yet.
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Yea no clear image yet, lets see. Will wait before shorting this as well
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Beautiful trade mate, great work as always :)
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Hey moneymaking, appreciate the kind words :)
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