EURGBP - Potential Gartley Pattern on H4 Chart
Updated
A potential bearish Gartley pattern is completing soon with RSI at overbought level.
PRZ is at a good resistance level.
R:R at 1.2. Good luck.
PRZ is at a good resistance level.
R:R at 1.2. Good luck.
Note
Measuring again, XA retracement did not hit 61.8%, it should be a bat pattern instead.I have redrawn the PRZ, TP and SL levels.
PRZ: 0.89057 to 0.89014
Note
Trade is in the money, suggest to shift SL to breakeven for a risk-free trade.Trade closed manually
For those who are in the trade, I suggest to close your trade at about 40-60 pips profit depending on entry point, a Gartley pattern is completing very soon on H1 chart.PRZ area: 0.88265 to 0.88221
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