KVE
Long

GBP/USD: 2 possible long entries

FX:GBPUSD   British Pound / U.S. Dollar
168 0 10
2 possible long entries:

1) Long entry at 0.618 retracement of last up move (CD of possible AB=CD ) to complete a 3 drives pattern...
2) Long entry at Quasimodo support.

SL below Quasimodo support for both.
WATCH OUT: Back to Quasimodo means we break the 'up' trendline and could mean the downtrend will resume, therefor for the highest entry one could consider having a tighter SL, namely below the 'up' trendline ...

Target can be either the 1.27 ext. of the last up move, which is close to the completion point of a possible new AB=CD and thus 3-drives pattern and a possible bat (at 1.41 ext.) OR where price reaches the 'down' trendline (which is the safer option)... Examples are on chart.

Possible Gartley drawn in the background in green...
Comment: Possibly missed my entry earlier..., let's see...

If so possible buy on break of recent downtrend...
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