GBPUSD. Potential Gartley pattern

Potential Gartley pattern for a long-term GBPUSD long position.

Expect to open a long position by Monday, 15.07.2019. SL and TP as per chart. more details below in comments.

This is a long term position, target expected to be hit by mid-2021.

Nota

Fork and Indicator disposition as per below. Confirmation not yet here therefore, open a position now is very risky. Confirmation would arrive one the indicators turn up and a reversal candle is plotted on monthly TF.

However, as it is a long-term one, I don´t mind to jump in now as R/R is high anyway.

Trade attivo

SL not hit yet but the whole thing looks very bearish.. Specially, when the DXY has probably already turned up and the GBP is clearly lagging

Trade attivo

Surprisingly trade is still alive but, of course, targets have changed.

Expecting so see a competion of triangle at around 1.35

captain_smollett

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!

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captain_smollett

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!