On the EUR.GBP 1hr chart we 2 potential trade opportunity's at the D leg completion of a Bullish Cypher & Bat setup.
Bullish Cypher Setup ( Grey ) - D leg completion .8497 Target 1 - .8523 Target 2 - .8540
Bullish Bat Setup ( Blue ) - D leg completion .8488 Target 1 - .8518 Target 2 - .8536
Bullish Bat Setup: Stop loss would be placed below X leg structure support. Bullish Cypher Setup: Stop loss would be placed below X leg structure support.
Note
EUR.GBP - Bullish Cypher at .8497 now complete.
Note
EUR.GBP - Bullish Bat at .8488 now complete.
Note
5 EASY STEPS TO TRADE THE GARTLEY PATTERN
Trade closed: target reached
Note
Short opportunity at the retest of .8480 strong resistance. Long opportunity at the break and close above .8480
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.