GBPUSD trading recently has so much to do with these harmonic patterns!
The bat previously with a 1.2700-1.3170 run basically we can imagine many harmonic patterns traders were having parties then.
Right after that bat, here we got a back-to-back gartley right here with already a 70 pips run,too, which can also be a Friday short-term long trade.
While in the bigger picture, this yellow butterfly may be the boss for a while which implies a long in front of the 1.2500 fig and a demand zone.
Won't be interested in long-term long positions before it reaches 1.2500 though.
Let's see how it goes!
The bat previously with a 1.2700-1.3170 run basically we can imagine many harmonic patterns traders were having parties then.
Right after that bat, here we got a back-to-back gartley right here with already a 70 pips run,too, which can also be a Friday short-term long trade.
While in the bigger picture, this yellow butterfly may be the boss for a while which implies a long in front of the 1.2500 fig and a demand zone.
Won't be interested in long-term long positions before it reaches 1.2500 though.
Let's see how it goes!
3 in a row!? Interesting yo~