GBP/USD HARMONIC PATTERN OANDA:GBPUSD
HI, TRADER'S ..OUR GBPUSD LAST4/4 TRADES HIT TP
Now as you see market is making GRATLEY HARMONIC PATTERN
Price already done X ,A ,B,C leg , Now making D point at 0.786 retracement
After completing D point market can come to 38.2 retracement point , and 2nd target 61.8 retracement
take entry of sell at D point
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Gratley
Wait for a Signal Recent downtrend in crude oil probably will countinue following months. It could not break the R1 level (0.63 level) and with the high chance it will get down to S2 level (lowest level in 2009) (strong support level in 0.76). Which will end up seeing perfect Gartley in R2.
You can trade with the structure levels or you can wait for R2
Good luck