FX:GBPUSD   British Pound/U.S. Dollar
678 10 15
THIS PAIR HAS SHOWN RESPECT FOR BEAR FLAG , AND TRIANGLE PATTERN ..
40 PIPS PIN BAR REJECTION OFF
TOP OF RESISTANCE TRENDLINE
61.8%
TOP OF BEAR FLAG CHANNEL.

POSSIBLE ABCD FORMING.
TRADING THE CD LEG NOW WITH STOPS ABOVE H4 PIN.

CLICK THUIMBS UP TO FOLLOW THIS IDEA.

D1
snapshot

On a side note,
GBPJPY             SHOWING CONFLUENCE TO SELL GBP
POSSIBLE 2618
snapshot
Nice mate. Good RR
Reply
Carefull, it might break downtrend line also...
Reply
Yea it could, Then we proceed with longs after confirmation on the daily timeframe if that happens.
Reply
Thanx for the setup
+1 Reply
nice, even i have a small bearish gartley on this, not expecting much ,but at least close to that lower trendline in black
Short on Bearish Gartley
+1 Reply
Nice nice.
Reply
GcNaif MOD PriceActionTrading
thanks mate, on the longer term i am seeing these 3 patterns, if it breaks that black trendline then orange one will be active and gonna trade the CD leg of it, if it reverses from that trendline then i m gonna trade CD leg of that green pattern
snapshot
+1 Reply
Good framework.
Reply
Nicely done mate
Reply
Idea still valid with false break of the bear flag ( channel ).
One could enter short at break of lower channel.
snapshot
+2 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out