GBPUSD
Completed bearish Gartley with bearish RSI Divergence at previous resistance;
Eventual H&S setup IF the price hit the first Take Profit @38.2% retracement;
Major Cypher to complete around 1.5350$ the 78.6% retracement;
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
Safe Trades;
Completed bearish Gartley with bearish RSI Divergence at previous resistance;
Eventual H&S setup IF the price hit the first Take Profit @38.2% retracement;
Major Cypher to complete around 1.5350$ the 78.6% retracement;
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
Safe Trades;