The new harmonic pattern found: Bearish TOTAL Pattern [1.618/.786/1.128/2.0] on GBPUSD H1, May 12, 2021; and support/resistance levels are: X; A; B; C; D.
Bearish
TOTAL Retracement
Tolerance
#1
2 – Gartley pattern
2 – Gartley pattern
0 – Additional special clearance
2 – Gartley pattern
Bearish TOTAL Retracement
XD= 1.618
AB= .786
BC= 1.128
CD= 2.0
Bearish
TOTAL Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bearish
TOTAL PRZ and Target (TP-Take Profit)
PRZ= XD 1.618; CD 2.0
Target= .32
Price
Range
#1
1.41199 < Range of the prices D
< 1.41673 (price range= 474 pips)
