BULLISH Gartley on Daily GBPUSD
On the daily I've spotted an evolving bullish Gartley.
AB well within boundaries it further comprises a beautiful alignment of 1.27 BC-Extension and 0.788 retracement for D completion together with a tight confluence of an AB=CD. Furthermore there is a pretty nice confluence of D level and former structure highs in Sept '17 and Jan '18 where I expect significant support.
So I will watch the price and wait for a significant reaction in the PRZ (blue box). Targets in green, SL in red.
Happy pips
Nemo
AB well within boundaries it further comprises a beautiful alignment of 1.27 BC-Extension and 0.788 retracement for D completion together with a tight confluence of an AB=CD. Furthermore there is a pretty nice confluence of D level and former structure highs in Sept '17 and Jan '18 where I expect significant support.
So I will watch the price and wait for a significant reaction in the PRZ (blue box). Targets in green, SL in red.
Happy pips
Nemo
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