themarketzone

Gartley pattern on structure support

Long
FX:GBPUSD   British Pound / U.S. Dollar
The downtrend line on $GBPUSD continues to hold and push the Cable down every time it tries to break it.
1.52 will bee the completion zone of a bullish Gartley right on the 1.52-1.525 support zone.
Stop loss should be below X
Potential move - Back towards downtrend line and 1.54.

*Blue pattern will become relevant only if the price will decline below 1.5

Tomer, The MarketZone
Follow me on TradingView
Subscribe to my newsletters - goo.gl/R3gPVE
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.