GBPUSD DAILY:BEARISH GARTLEY PATTERN WITH TREND CONTINUATION
FOREX TRADING SOUTH AFRICA :
Hello everybody Errol here,
Its been a while since I have posted anything. I have been very busy with trading and backtesting and testing out new strategies so that I can help and get to know more who are interrested in Forex trading South Africa.
Here we have a bearish Gartley pattern and with an AB=CD pattern as well as a bearish trend.
So which means we can look for entries at the 1.27 fibonacci extension of the AB leg.
Stops must go above X leg and we then look for Targets at the 0.382% and 0.618% retracement.
Feel free to follow me so that we can start a FOrex trading SOuth Africa group and Share Ideas!!!
Looking forward to sharing ideas ;)
Hello everybody Errol here,
Its been a while since I have posted anything. I have been very busy with trading and backtesting and testing out new strategies so that I can help and get to know more who are interrested in Forex trading South Africa.
Here we have a bearish Gartley pattern and with an AB=CD pattern as well as a bearish trend.
So which means we can look for entries at the 1.27 fibonacci extension of the AB leg.
Stops must go above X leg and we then look for Targets at the 0.382% and 0.618% retracement.
Feel free to follow me so that we can start a FOrex trading SOuth Africa group and Share Ideas!!!
Looking forward to sharing ideas ;)