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GBPUSD H8: XABCD / BUY LOW/LONG +300/+650(SL/TP)(SWING)

Long
FX:GBPUSD   British Pound / U.S. Dollar
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GBPUSD H8: XABCD / BUY LOW/LONG +300/+650(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I'm expecting a
SHORT/LONG sequence in this market.


🔸 Summary and potential trade setup
::: GBPUSD 8hour/candle chart review
::: speculative XABCD in progress
::: expecting more downside in this market
::: short-term before reversal later from C
::: point C/PRZ near 3310 RELOAD BULLS
::: later reversal at C/PRZ TP BULLS +600 pips
::: recommend to BUY LOW after DIPS / flip LONG
::: recommended strategy: / BUY LOW 3310 D/PRZ
::: near 3310 BULLS reload zone C / PRZ
::: lower risk strategy: buying near C/PRZ
::: SL 50 pips TP1 +300 pips TP2 +600 pips
::: this is lower risk / recommend to BUY C/PRZ
::: TP BULLS is point D / PRZ XABCD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/C/PRZ

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