Reversal Patterns

EURGBP Gartley works out in the patterns favor as i showed in the previous posts. Now looking at the pattern on the 60minute time frame we see a potential bottom with a possible H&S pattern. The EURGBP has formed many H&S patterns over the last year and all have been very profitable. This currency pair seems to be the most predictable.
 

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AB=CD very close on GBP/USD........ Next week will tell..... if that goes down that gives reason for EURGBP to rise........ small indication that the previous H&S might work as well as a short on the GBP/USD......
 

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Quote from gartley222:

Looks to be down down down next week for USDCAD..... Gap to be filled and possible break lower.
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You haven't been paying attention to the news I guess?

ps -- there's no gap on my charts, might want to make sure it's there.
 
I will re-look at my charts. About the gap.... I dont trade much on news, however once and a while I will. Regardless to what the news is saying I still see potential for USDCAD to fall a little.....
 
Quote from illiquid:

You haven't been paying attention to the news I guess?

ps -- there's no gap on my charts, might want to make sure it's there.
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Took a look and no gap... Thank you for the warning. It is appreciated.
 
Quote from gartley222:

AB=CD very close on GBP/USD........ Next week will tell..... if that goes down that gives reason for EURGBP to rise........ small indication that the previous H&S might work as well as a short on the GBP/USD......
More...


Was 20 pips off from ab=cd...
 

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