FullTimeTrader
Long

GBPUSD-bouncing on trendline + AB=CD retracement

FX:GBPUSD   British Pound/U.S. Dollar
936 7 20
This trade is based on previous EW idea:

GBPUSD-EW long term analysis-nice leading diagonal forming


We have some technicals reasons to enter long:

- harmonic AB=CD retracement
- strong trendline support
- bouncing on EMA200
- 0.50 fib retracement
- stochastics oversold
- near pycholevel 1.5500

Best regards