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FrankFx14
Mar 11, 2024 8:03 PM

GBPUSD ANALYSIS DOUBLE BUTTOM BUY 15MINS TIMEFRAME Long

British Pound/U.S. DollarFXCM

Description

Here on GBPUSD price has made a double bottom around psychological level of 1.28000 this show that the probility of price moving upward is very high and looking at Elliot wave it preducting up so at the point going for LONG is needed and targeting profits should be around psychological levels of 1.28500 and 1.29000. Is important to use money management . Also remember to set Stoploss below the pattern and give it some space.
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