Bullish Gartley Pattern forming on 4-Hour GBP/CAD Chart

11 בנוב׳ 2012

Found this nice looking Bullish Gartley Pattern forming on the 4-hour chart of the GBP/CAD pair. The pattern consist of several Fibonacci retracement levels, like the AB leg retracing to 61.8% level of the XA leg, the BC leg retracing to 50% level of the AB leg. For more details of further confluences found in this formation and my personal trade plan for this pattern, please see my blog post at: simplychartpatterns.wordpress.com/2012/11/12/bullish-gartley-forming-on-gbpcad-4-hour-chart/