GBPUSD possible Gartley Formation Upcoming 2 weeks

From the technical perspective there is a possible Gartley Formation in the GBPUSD pair.

• Clear XA Impulse leg and AB 0.618 Fibbonaci touch.
  
• The BC leg is also almost complete.
  
• wating for CD completion
  

You could say "we could trade the CD leg for some profits!" as a greedy person. Usually I would decline this statement BUT in this case there is a support on the C-level. You could trade that but personally I wait for the possible formation to complete first. Maybe short-term buy entries with some Dojis and the right candle pattern it would be possible to enter.

Thanks for watching :)
Would love to hear feedback!
Happy Weekend!

Giao dịch đang hoạt động:

C-Point touched barely the 0.618 Fib!
The Gartley-Formation is still intact.
I'm waiting for D-completion :)

Bình luận:

unfortunetely it didnt trigger the D-Point :(