Forex-analysis
POT WEEKLY GARTLEY PATTERN or ???PA may potentially form a Bullish Gartley Pattern. However I've identified two scenarios where action may be taken. For our Bull setup i've identified my reversal zone at about 0.70484/0.69796 confluence with (78.6/127.2) fib levels.
However price may go to break the top of our previous high, only then will i wait for price to reach a nice supply area, either at the TL, 800MA or 0.81544/0.80353 supply zone.
May potentially be looking for intra day shorts down to the buy zone
GBPCHF breakout?The overall trend of GBPCHF is bearish at the moment. After seeing a retracement back up to 1.1427 and failing to create a higher, a strong push by the bears indicate that the downwards momentum will continue. With a break of an upper limit and small break of the lower limit trend line, I expect a retracement up before down lower.