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GBPUSD Long and Short Positions

British Pound / U.S. Dollar (FX:GBPUSD)  
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FX:GBPUSD   British Pound / U.S. Dollar
Fibonacci Multiple Time Frame Analysis Harmonic Patterns GBPUSD Alternate Bat longandshort Fibonacci Extension vikinsa
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fibonacci mtfa harmonicpatterns gbpusd alternatebat longandshort fibonacciextension vikinsa
As expected, a rally has come and the price has broken to the upside to test 200SMA on weekly timeframe.
However it is not done yet. It needs to go to 1.13 Fib Extension for Alt Bat Pattern to complete. Hence we can buy a dip for a small Long position.
Our original analysis to short at the completion of ALT Bat Pattern is still intact.
Trade active:
Short entry active what a precision entry it is
Trade closed: target reached:
Long target reached
Trade closed: target reached:
Short target 1 reached:
snapshot
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