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LukeFagan
Jan 15, 2018 4:34 PM

Bearish Gartley Formation 15min Chart Short

British Pound/U.S. DollarFXCM

Description

As price action is in consolidation right now the fight is on to either make a higher high and push up to the 1.38500 resistance level or start its bearish rotational pull back.

We could possibly have a bearish Gartley formation currently at market forming which could also be a signal that there may be a turn in trend

Entry 1.38147
Stop's 1.38260
Target 1 1.37965
Target 2 1.37845
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