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Two potential trade setup based on two different system.
1) A bat was already shaping up and having a PRZ around 1.5570s.
2) A Gartley pattern is forming up (Thanks Jason!! ), which would have a PRZ just above the Bat PRZ.
These two patterns PRZ also would come within a market conflictual area where we may hit alot of resistance and might make the market with short posibilities.
First of all thank you for everything. I really like trading. But you ... tradeempowered and the syndicate made me a profitable trader thank you!
Nice video you got there. But i'm a bit confused after seeing this video https://www.youtube.com/watch?v=fbP-93MqM3Q IF this Gartley on the GBPUSD was a 1.1 RR Gartley.
And the prices came a bit higher then your order price which also has been excecuted. You should also put your fib target line higher.
But you RR won't be 1.1 anymore right? But should you still do this trade if your tradingplan say that you minimal need a 1.1 RR to trade. (If you don't do orders on D charts let's say on 1h charts)
Looking forward to your reply.