GBP.USD - Bearish Gartley Pattern + Confluence
On the GBP.USD 4h chart we have a potential short opportunity at the D leg completion of a Gartley Pattern .
The price reversal zone on this pair is between 1.4432 & 1.4500 even
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Fibonacci Confluence: 88.60% - 1.272% - 1.414%
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.4062
Stop loss would be placed above X leg structure resistance.
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The price reversal zone on this pair is between 1.4432 & 1.4500 even
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Fibonacci Confluence: 88.60% - 1.272% - 1.414%
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.4062
Stop loss would be placed above X leg structure resistance.
Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official