GBPUSD gartley pattern approved by RSI
Updated
Hi everyone
Considering the fact that this bearish harmonic was formed within the bearish trend: it is highly probable that price will form an other correction straight away to ,at least, 1.32500 lvl which is 618 fibonacci.
Moreover after noticing that RSI confirm this pattern and looking at the bearish candlestick pattern within 1H
I guess second entry is safer but the first entry can give a higher Risk:Reward ratio
It is wise to choose one of these opportunity, or even taking both after keeping in minds the elements enonced above
Considering the fact that this bearish harmonic was formed within the bearish trend: it is highly probable that price will form an other correction straight away to ,at least, 1.32500 lvl which is 618 fibonacci.
Moreover after noticing that RSI confirm this pattern and looking at the bearish candlestick pattern within 1H
I guess second entry is safer but the first entry can give a higher Risk:Reward ratio
It is wise to choose one of these opportunity, or even taking both after keeping in minds the elements enonced above
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