FullTimeTrader
Long

GBPUSD-many reasons for a long

FX:GBPUSD   British Pound / U.S. Dollar
3063 11 49
This pair is recovering near the strong level 1.5000.
Looking at D1 chart we see a bullish butterfly still in play:


Here on H4 chart:

- trendline support
- retesting broken trendline
- potential HS pattern
- convergence divergence setup
- impulse and correction on H1

Best regards.

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).


Comment: First target hit, movil SL to BE
I dont see more than 1,5345 cable
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FXKOPPA FXKOPPA
https://gyazo.com/7566e0c28cb17703061e2b552a7bfb00
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Piet.Hein FXKOPPA
On the long term I see cable at 1.45
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FXKOPPA Piet.Hein
I do agree
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Great chart!
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Great post. Thanks
Reply
big thank you .. nice post
Reply
Nice.
Reply
Agree
Reply
Once again I have the same outlook!!! Thanks for the extra confidence..
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