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nadavhurwitz

GBPUSD - Long

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
nadavhurwitz  
FX:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Chart Patterns Trend Analysis abcde sma GBPUSD USD
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harmonicpatterns chartpattern trendanalysis abcde sma gbpusd usd
AB=CD pattern
Bullish Hammer candle on support line (A)
Price finds support on 55 & 100 moving averages.

possible resistance at resistance level (B) and downward trendline (C)
I recommend to move stop loss to entry point at this point since a possible reversal may occur.

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Happy Trading!
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