RaynLim

GBPUSD-Weekly Market Analysis-Mar22,Wk2

Long
FX:GBPUSD   Britisches Pfund / US-Dollar
We have a Bullish Deep Gartley on the Daily Chart. There are 3 things that I'm not comfortable with this Deep Gartley Pattern are:
1) A retest at Point C
2) Consolidation right before the Gartley Pattern completion.
3) Strong Bearish Candle as the Terminal Bar of the Harmonic Pattern.

However, what's comforting to see is that the Weekly Support Zone(1.3220~1.31402) coincide with the Deep Gartley Pattern completion.

What you can look out for is a Double Bottom with RSI Divergence that can strengthen the bullish movement of this trading setup.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.