GBPUSD: Possible Bullish Movement
A possible long bullish movement on GBPUSD
Confluence
-H&S
-Fib Ret 0.5 (Reverse Fib)
Expected Target Level
(Reverse Fib)
-Fib Ext 1.272(Target 1)
-Fib Ext 1.414(Target 2)
Forex Trading is risky and can result in considerable loss. None of the strategies, or information discussed or presented are financial or trading advice or recommendations. The author assumes no liability including for errors and omissions. Everything presented are the author's ideas and opinions only.
Confluence
-H&S
-Fib Ret 0.5 (Reverse Fib)
Expected Target Level
(Reverse Fib)
-Fib Ext 1.272(Target 1)
-Fib Ext 1.414(Target 2)
Forex Trading is risky and can result in considerable loss. None of the strategies, or information discussed or presented are financial or trading advice or recommendations. The author assumes no liability including for errors and omissions. Everything presented are the author's ideas and opinions only.
Trade closed: target reached:
Target 1 Reached
If price closes above Resistant line (1.21546) , price might continue to target 2 (1.22880)
If price closes above Resistant line (1.21546) , price might continue to target 2 (1.22880)
Trade closed: target reached:
-Fib Ext 1.414(Target 2)