Here on GBPUSD M15 we had an awesome Fibonacci trade…
We had a gartley right at the top which set the reversal and we got a great 2nd entry shortly after.
Here are the points:
*1 – this was our gartley pattern that nicely formed at the exact retracements we like to see- it was a perfect gartley
*2 – we had an AB=CD which nicely aligns with the gartley completion
*3 – we had a Fibonacci energy swing here- great confirmation. This was our first entry.
*4 – We then get a fib power level here and you can see that price could not break past this level
*5 – we got another Fibonacci power level AT THE EXACT SAME POINT! Look how price respected it and started reversing again- this was our confirmation and it was time to enter for our 2nd entry.
Price just kept on falling, without any major pullback – makes it nice and easy to capture the profit!
We are currently still in this and are at OVER 11 to 1 Risk Reward! Awesome!
The power of these extra special Fibonacci techniques (that no one teaches out there) still astound me to this day!
Trades like this are always coming through, and if you want to learn more about these techniques, come along to my free webinar here:
If you are serious about learning to trade for yourself, then you cannot miss this webinar!
Check for available free spots by clicking here!
See you on the webinar!…
Good Trading,
Kumar Kaushal