ChrisThein
Long

GBP/USD ABCD Pattern 60/240 min

FX:GBPUSD   British Pound / U.S. Dollar
There is a possible ABCD Pattern setting up on the 60 minute chart. The .618 fib lines up with a nice structure level. I would for price to react strongly at that .618 level before getting long. If price keeps falling look at the next level which is the .886 on the 60 min. This is an even better R/R ratio. For target one you can use the structure over head at 1.5180-1.5190's. For a longer term trade look at the 1.618 ext. it lines up perfectly with the 240 min structure level on the right chart. Good luck trading out there.
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