BULLISH Gartley on Daily GBPUSD
On the daily I found this beautiful evolving bullish Gartley.
Beside a pretty AB Level the pattern comprises a beautiful alignment both of the Levels 1.27 BC-Extension and 0.788 retracement and a tight AB=CD completion in the same area. Alltogether build a textbook example D completion. 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 to show significant reaction in the PRZ (blue box).
Happy pips
Nemo
Beside a pretty AB Level the pattern comprises a beautiful alignment both of the Levels 1.27 BC-Extension and 0.788 retracement and a tight AB=CD completion in the same area. Alltogether build a textbook example D completion. 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 to show significant reaction in the PRZ (blue box).
Happy pips
Nemo
Penafian
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