GBPUSD Bearish Gartley And Short Opportunity Update: TP1 Reached

Published:09-17-2018

Pair / Instrument:GBPUSD

Time Frame: H4

The trend in the Timeframe: BULISH

The trend in the Daily Chart:  BULLISH

Description: GBPUSD would complete a Bearish Gartley pattern at Fib 88.6% of XA Leg. Potential bearish reversal is predictedç

Trade Based On: Bearish Gartley

Accuracy: %90

Recommended Lot Size:

Trade:Short

AREA OF THE ENTRY: 1.31500 – 1.31400

STOP LOSS : >ABove 1.31750

TARGET 1: 1.31200

TARGET 2: 1.30800

TARGET 3: 1.30600

Update: TP1 Reached 20 pips

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

GBPUSD Bearish Gartley: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibilit