Looking to buy GBPUSD at the .382 if the price agrees. Will look along the trendline .618 if we continue under previous resistance. DXY is setting up for a deeper run, so the trade should be solid.
Targeting 1.286 as TP with .128 as early TP should price get nasty.
Targeting 1.286 as TP with .128 as early TP should price get nasty.
Comment:
Looks like a pattern is forming. I closed the trade early to avoid swaps. Holding off on buys until volume enters the market. There is a chance for downside movement If the price fulfills the pattern, I will short.
