Hey guys,
today i want to share with you an harmonic pattern formation that i think may be interesting in the next days.
On the GBPUSD we are consolidating and ususally when this market condition occurs there are a lot of patterns that appear on the charts.
Make sure your stop is below X, and targets could be set as i illustrated above, at the .382 and .618 retracement of the AD leg.
Good luck!
If you have any kind of questions, feel free to comment below.
Otherwise, see you in the next chart!
today i want to share with you an harmonic pattern formation that i think may be interesting in the next days.
On the GBPUSD we are consolidating and ususally when this market condition occurs there are a lot of patterns that appear on the charts.
Make sure your stop is below X, and targets could be set as i illustrated above, at the .382 and .618 retracement of the AD leg.
Good luck!
If you have any kind of questions, feel free to comment below.
Otherwise, see you in the next chart!