GBPUSD. Possible Crab pattern

British Pound/U.S. DollarFXCM

Descrição

⋅ 1 de Set de 2016 22:13

Possible Crab pattern on GBPUSD pair. Daily candle close below 1.3000 level would invalidate the pattern

Longs

Expect an entry point around 1.3125 on NPF volatility.
SL: 1.3025
TP1: 1.3340
TP2: 1.3678

Shorts

Entry point: 1.3675
SL: 1.13775
TP1: 1.3368
TP2: 1.3176

Comentário

⋅ 3 de Set de 2016 11:22

Pattern still valid but I expect GBPUSD make one more leg down next week, targeting 1.3120.

Therefore, 1.3120 is my entry point for Longs

Comentário

⋅ 5 de Set de 2016 08:17

Entering long position before the Services stats. First target: 1.3450. SL: 1.32

Possible Gartley and Crab patterns

Trade ativo

⋅ 6 de Set de 2016 11:40

Finally! It has started to move in our direction, C point for Gartley to be confirmed. Daily close above 1.3452 will invalidate the alternative scenario Gartley pattern

Comentário

⋅ 6 de Set de 2016 13:41

Moving stops to breakeven before the Services PMI report

Trade fechado manualmente

⋅ 7 de Set de 2016 19:05

Closed at 1.3420

Comentários

captain_smollett

⋅ 5 de Set de 2016 08:16

Also, eventual Gartley:

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