GBPUSD Potential Bearish Gartley at Resistance Short

British Pound/U.S. DollarFXCM

Description

⋅ Aug 23, 2016 7:20 PM

FX:GBPUSD bearish Gartley pattern will complete at D point of 1.32381 with a PRZ between the 78.6 XA and 127.2 AB extension. Support/Resistance is located right at the 127.2 AB extension.

Entry: 1.32495
Target 1: 1.30933
Target 2: 1.30040
Stop: 1.33821

Trade active

⋅ Aug 25, 2016 4:50 PM

Comment

⋅ Aug 29, 2016 6:26 PM

First target reached and stop moved to break even!

Comment

⋅ Sep 1, 2016 8:40 PM

2nd trade closed out at break even. 156 pip gain on 1st trade!