Michael_KM
Short

Potential GBPUSD short

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             is currently moving sideways, following a recent downtrend. In this sideways market we potentially have a Gartley pattern 1.44392. which completes in an area of resistance. We could complete an AB=CD harmonic move in this area.
Target 1: 1.47212
Target 2: 1.41713
For me this trade presents a good risk to reward ratio.
Trade active
snapshot


Price has hit our entry level and put in some bearish RSI divergence. Could we make the move down and hit targets?
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