btocastillon

GBPUSD advanced pattern formation in structure

Short
FX:GBPUSD   British Pound / U.S. Dollar
Gartley pattern almost complete, waiting final point D formation at the 0.786, sell right at this price
Also potencial Cypher pattern can finish after the shorts of the Gartley pattern.
Trade active:
GBPUSD trade active at our 0.786 sell limit, trade running +44 pips on profit, wait for the 0382 as first tp aiming 70 pips and 0.618 as second TP which made a total of +128 pips!

good trading
Comment:
triangular pattern, this is consider trend continuation pattern


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.