GBPUSD (Gartley Pattern) -1h Chart

FX:GBPUSD   British Pound / U.S. Dollar
Confirmations for Gartley Pattern
- A-B must touch 0.618 but cannot touch 0.786
- B-C must touch 0.236 but cannot exceed A
- D completion at 1.272 (Trend Extension) or 0.786 from normal measurement
- take profits at 0.382 and 0.618 (Fibonacci from A-D)

Good Trading
Comment: Perfect resistance at top
Good Trading. -1h Chart
Comment: I believe price is about to finally move from resistance and reach first TP
I used Trend-Based Fib Extension to measure retracements and get that major retracement at 0.786, price made a double top at that area and is now reacting
Good Trading. -15min Chart
Comment: First TP has been reached
We can expect bearish continuation
Good Trading. -15min Chart
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out