GBPUSD Double Top Short to Gartley Completion

FX:GBPUSD   英鎊 / 美元
141 5
Mr projection for a possible multi trade set up. A Double top has completed with good structure left and Strong RSI divergence. If it shorts could complete a gartley where D point is exactly even with X point= good R/R. buy til .618 to get in on a 2618.
The candle at 13:00 is crossing 0.786 retracement of X to A. Pattern is invalidated at B. It is difficult it will play out
jgibs533 imdbeststocktrader
@imdbeststocktrader, That depends on your charting software. I use trading view but before I take a trade I use mt4 to make sure my fib ratios are good and on mt4 it actually misses the .786 just barely. So for me it is a valid gartley so far. That being said if it did hit the .786 it turns into a valid butterfly with a perfect even with x leg d completion.
@jgibs533, I saw it only on Tradingview and have not referred to MT4. Thanks for taking the time to reply to my post and clarifying. :)
I am very bearish the $ now but my bullishness be wrong and this idea could play out. So I will be looking out for weakness as well as strength and go with whichever shows up
@Olu, Absolutely gotta see what happens. I will still wait for an extra sell confirmation for double top. but my rules state when in a consolidation area and not strong trending I cannot pass up strong looking harmonic patterns. And with that D completion that risk reward is looking oh so sweet. thanks for the comment.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出