GBPUSD. Possible Crab pattern

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

Yorum:

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

Yorum:

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

Possible Gartley and Crab patterns

İşlem aktif:

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

Yorum:

Moving stops to breakeven before the Services PMI report

İşlem elle kapatılmış:

Closed at 1.3420