dionvuletich
Long

GBPUSD Playing the Range

FX:GBPUSD   British Pound/U.S. Dollar
38 0 5
Cypher completed, but there have been numerous patterns in this range, this is where harmonics work very well
Currently there is a small green candle at support with a completed Cypher pattern and oversold stochastic

if the green candle closes bullish today it will offer a low risk long entry and 2.7:1 to the first target
If it manages to break the upper channel trend line it is very possible it may close the gap at around 1.3650 which would be a potential 9.5:1 which would be nice for ~650pips

We will see, but I'm bullish gbpusd             and do not think this corrective phase is over just yet
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out