GBPUSD: Potential Reversal Zone for TCT Bulls

FX:GBPUSD   British Pound/U.S. Dollar
Potential Bullish Trend Continuation trading opportunity on the GBPUSD             . To create my potential reversal zone I've used a combination of structure, market harmonics and Fibonacci tools.

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Akil Stokes
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hi Akil, thank you very much for sharing. Great insight like always. Would like to ask you where you aim for target on this one?
+1 Reply
great pinbar currently in the PRZ. My TG1 is just below the 61.8 of the downmove, so 4533. TG2 is in the 4650 area for a retest of the highs. if you wanna go for trendcontination and go for an extention beyond the highs for TG2 id suggest the 4830-4865 zone, i wouldnt go too far up.
weiwei SergeantPringles
thx for sharing, was happy to see the hammer too. i'm not aiming for extension, just retest the high.
I'm always a fan of taking structure based targets personally.
Still the structure valid? i can see support broken , way to more bears
+1 Reply
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