TRYGBP Forex Chart

TURKISH LIRA / POUND STERLING

 

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olly_price olly_price TRYGBP, D, Short ,
TRYGBP: TRYGBP bearish Gartely supported by long term resistance
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TRYGBP, D Short
TRYGBP bearish Gartely supported by long term resistance

CD leg with a 1:1 ratio with the XA leg falls into the blue region shown on the graph (which is also a confluence of the 0.786 retracement and 1.272 extension, so will look for this as an entry point. Stop loss is based on previous structure support as shown by the horizontal red line. Not only is this a nice Gartely, but we also have the entrance point on the ...

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