Sascha_Gogolin
Long

GBPUSD - Simple range (correction) play

FX:GBPUSD   British Pound / U.S. Dollar
Looking to enter around 1.2537 if price pulls back a bit more, targeting 1.2560. Not shooting for extended targets since the HTF is pretty volatile and I think we first need to see a minor retracement on the 4 hour chart, something that would break this corrective structure to the downside. But before that I think price will make another push to the top of the structure.

Comments

Hi, I have read your idea and I'm just asking how the performance of the cable will be related to HTF. Thanks in advance.
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