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glennmercer

GBPUSD Wave-((5)) Breakout: Target at Butterfy

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
glennmercer Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Elliott Wave EW Butterfly Harmonic Patterns glennmercer gmercerfx
18
0
elliottwaves ew butterflypattern harmonicpatterns glennmercer gmercerfx
Hey traders! Here's an opportunity to ride the fifth wave up to a potential butterfly. A breakout past the trendline could mean a swift and powerful bullish impulse, which may find itself at the key level at the butterfly completion. Nice R/R on this one. Updates to come as the tide rolls
Trade active:
This one's active! Here's the lower TF snapshot:
snapshot
Comment:
Great rally! moving stop to B/E
snapshot
Comment:
Still rising! 3:1 R/R Snapshot currently with a gain of 34 pips:
snapshot
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