Took a few positions on this one last week.
Stop has to be very big on this one, and spread is very high, not one for everyone.
Trade at your own risk and make sure you are cautious with your lot sizes.
Pattern Bearish Gartly
Time Frame - Weekly.
I am taking this trade now, sell 6.5528
SL 6.654 (1000 pips)
TP 6.6500 (3000 pips) I have since moved my stop due to Friday's NFP exposure, but I may move it back to where it was if the weekly low does not break.
Just noticed the picture on this was very low quality, sorry about that.Potentially Gartley pattern coming up.
I am not 100% sure if I will trade this, I may wait for bullish confirmation, or trade it in reduced lot sizes since it does not fit with my ideals (you need to use wicks rather than closed candles for this to be a valid pattern - by my definition)
Still, worth watching.
Enter price (Green line), stop and profit targets marked on chart. (stop slightly lower, maybe 5-10 pips, I just could not fit that on the chart)
Trade at your own risk.