HamzaLeith

GBPUSD, two opposite trades.

FX:GBPUSD   British Pound/U.S. Dollar
35 0 2
AB=CD completed already. Ratio confluence is evident. Price has reached the 1.618 level before retracing. Price is now in channel. When broken to the downside. The initial targets of the initial impulse leg stand (these come right at major structure support/resistance. When broken to the upside, a retest is quiet possible ---> after that I prefer a short trade again.
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