Get started
FullTimeTrader

GBPUSD-bouncing on trendline

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
FullTimeTrader  
FX:GBPUSD   British Pound / U.S. Dollar
19
6
This setup is similar to the GBPNZD idea i posted before.

The price is bouncing on the trendline at 0.61 fib retracement

- fib overlapping
- hidden bullish divergence
- EW fourth wave
- engulfing bullish candle

Best regards
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.