Hey traders: We have a potential bullish Gartley setup in EURGBP. IF price action drops to 0.76555 the bullish Gartley pattern will be completed. Look left structure leaves clue, Resistance becomes Support as usual, We do have a chance to see the price action bounce from the structure zone, hopefully the stops are below it. We are trading above the 89,144 EMA's which indicating a bullish bias too, Also if you notice that before the XA leg we do have an impulse leg which is the new structure high which made the change in trend. I am expecting the price action to reach 0.76901 if the pattern completes. Also look at the RSI 7 period which shows a bullish hidden divergence.
Let us see what happens.
Let us see what happens.