Fxprotrader

GBPUSD: High Probability Pending Gartley Pattern

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FX:GBPUSD   ポンド/米ドル
Price rallies and is heading towards the completion of a bearish gartley pattern. The pattern completes a little lower than the level i have drawn in the chart, but i will go with the slide parallel of a valid median line. Besides looking left we see price structure and it also gives us a much better risk reward ratio setup. Last but no least RSI at the completion of the pattern most likely will be overbought.

Profit targets as shown at the chart. Like and comment for updates..!
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