EURGBP - Potential Gartley Pattern on H4 Chart

6 Feb 2018

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.

6 Feb 2018

Nota

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

7 Feb 2018

Nota

Trade is in the money, suggest to shift SL to breakeven for a risk-free trade.

8 Feb 2018

Dagangan ditutup secara manual

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