Get started
UnknownUnicorn180388

GBP.USD - Bearish Gartley Pattern + Confluence

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
UnknownUnicorn180388  
FX:GBPUSD   British Pound / U.S. Dollar
Bearish Patterns Gartley ukforexsignals short Harmonic Patterns AB=CD Fibonacci GBPUSD gbpusdshort
15
0
bearish gartleypattern ukforexsignals short harmonicpatterns abcdpattern fibonacci gbpusd gbpusdshort
On the GBP.USD 4h chart we have a potential short opportunity at the D leg completion of a Gartley Pattern .

The price reversal zone on this pair is between 1.4432 & 1.4500 even
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 88.60% - 1.272% - 1.414%

Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.4062
Stop loss would be placed above X leg structure resistance.

Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official
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.