azlan1

GBPUSD H1 Potential Bearish Setup Estimates

FX:GBPUSD   British Pound / U.S. Dollar
i've TP some short positions at AB 0.5 circa 1.24400

if price dip to AB 0.618 circa 1.24200,
then there's a possibility of price rallying to BC 1.618 circa 1.25200
giving us a promising Sell Setup at D leg 1.25200.

i'll post a H1 "if price rally till here" ABCD bullish setup next,
which if combined with this Bearish setup will gimme some solid selling entry point on GU.
chaotic, that's the name of the game...
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