aaronlu97

GBPUSD Long opp in H4

Long
aaronlu97 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Due to last week Friday night, the weaken of USD made this pair rally up like there's on tomorrow. Currently im waiting for retracement to at least 50% fibo levels (1.3610) before heading higher highs. Buy limit can be place at around 50% fibo levels ;)

Reasons to enter:
1. Support at 1.3610 must be tested before heading upwards.
2. Price just closed above EMA, am expecting some retest of EMA 21.
Order cancelled:
Buy limit was not hit but tp was hit. USD was too weak in the previous week. Didn't have chance for a big pullback. Better luck next week all! :P
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