GBPUSD A bearish Gartley Harmonic Pattern has formed.
We see a almost perfectly symmetrical AB=CD pattern forming inside a channel.
High Risk: Enter trade one all levels of the Potential Reversal Zone have been reached.
More conservative: Wait for a reversal candle on the daily/4H chart.
Take profit 1 at 1.3129 (38.2% AD)
Take profit 2 at 1.2949 (61.8% AD)
Make sure to manage your trade properly, tighten stops and beware or possible reversals.
A formation of a Shooting Star reversal candle on the daily chart will increase the conviction of the trade.
Happy trading!
Feel free to ask questions.
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