Phil_Son

EURGBP 4H potential bear Gartley & bull Butterfly pattern

FX:EURGBP   Euro / Sterlina
EURGBP seems to be in an indecisive consolidation now. That means it's time to scout for some patterns, which, in this case, we have 2. We have a potential bearish Gartley pattern and a potential bullish Butterfly pattern. If market reaches a bit higher, the bearish Garltey pattern will complete and there'll be a selling opportunity. However, if market decides to drop down, there's going to be a potential bullish Butterfly pattern getting ready to be completed and have a buying opportunity. Both patterns complete at previous structure looking left.

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