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HayatoDragonFX

GBPUSD, 4hr tf, double bottom reach 1st target

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
HayatoDragonFX  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Double Top or Bottom Elliott Wave GBPUSD gbpusdlong gbpusdanalysis gbpusdbuy priceaction priceactiontrading elliottwaveprojection elliottwaveforecasts
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supportandresistance doubletoporbottom elliottwaves gbpusd gbpusdlong gbpusdanalysis gbpusdbuy priceaction priceactiontrading elliottwaveprojection elliottwaveforecasts
Hello my friends,

On April 9th i saw a potential double bottom of GBPUSD mirrorring XAUUSD chart movement.

I posted about my buy position and stop loss.
Two weeks later and price has reached our first take profit.

For those who missed this chance, i am gonna share my second plan for buying GBPUSD.
I think we will see some retracement first before continue going up in this pair.

I will wait for price to retrace towards 1.3850-70 area to initiate buy order.

Buy GBPUSD 1.3855
Stop loss 1.3800
Take profit 1.4040 (3.3R)

Use only 1-2% risk
Good luck

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HayatoDragonFX
GBPUSD, 8hr tf, double bottom pattern mirrorring XAUUSD
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