pichiku0725

long-term trading strategy using Fibo

Long
FX:GBPUSD   British Pound / U.S. Dollar


Regarding 52 weeks chart, it might seem to go up slowly.
Because the bottom candle shape is cross, it maybe means the end of down trend.
So, this strategy is for long-term and contrarian at this moment.

entry point: 1.28840
target price: 1.30700 (+186 p) Fibo 23.6%
stop loss: 1.28500 (-34 p) a bit lower than today's lowest price

Good luck to you and me!
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