GBPUSD Harmonic Pattern Gartley
Hello Dear Traders.
Today we want to show you our trades on GBPUSD which gave us Great Opportunity on the last two weeks.
Pending EOD multiple Positions BUY / SELL zone.
Harmonic Pattern Gartley is a retracement pattern and is often said to form near market tops and bottoms in ideal conditions. The Gartley pattern comes in a Bullish Gartley and a Bearish Gartley pattern and is made up to 5 pivot or swings points.
The following chart gives an example of our Bearish Gartley pattern.
The first target was C point-zone , a second target was placed at B point-zone Major structure (strong resistance) projected downwards and finally the third target was the projected at D point as PRZ (Price Reverse Zone).
As we can see from the chart below, the Bearish Gartley pattern managed to reach all the three specified target levels.