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HayatoDragonFX

GBPUSD, 4hr tf, buy wave-3 movement to the upside

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
HayatoDragonFX  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Supply and Demand Elliott Wave GBPUSD gbpusdlong gbpusdbuy gbpusdanalysis elliottwaveprojection priceaction priceactiontrading priceactionanalysis
2
0
supportandresistance supplyanddemand elliottwaves gbpusd gbpusdlong gbpusdbuy gbpusdanalysis elliottwaveprojection priceaction priceactiontrading priceactionanalysis
As you can see price broken above the descending trendline of previous downwards movement.

In my opinion price completed the retest of broken trendline and might continue to go up again.

Buy GBPUSD 1.3805
Stop loss 1.3750
Take profit 1 at 1.3990 (3.3R)
Take profit 2 at 1.4115 (5.6R)

Use only 1-2% risk
Good luck
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