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InkyGrip
May 2, 2023 4:29 AM

GBPUSD on the 50% 🦐 

British Pound/U.S. DollarFXCM

Description

GBPUSD on the 4h chart is after the last impulse is testing the 50% retracement level.
The 50% is also known as a turning point for the trend continuation.

According to Plancton's strategy IF the price will satisfy the Academy conditions we will set a nice long order.

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new recent high

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100 pips delivered

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148 pips

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test of the 0.382 fibonacci

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new recent high
Comments
Lingrid
Nice view! And what entry point will be preferable here?
InkyGrip
@Lingrid, depend on your strategy
Gold-Tech
Wow, this is interesting. Your idea is mostly correct
InkyGrip
@Gold-Tech, appreciate it
HayeTrading
Solid idea, great returns on this, well done 👍
InkyGrip
@HayeTrading, you are welcome
WalterMoon
I am totally agree with your analytics
InkyGrip
@WalterMoon, excellent
MarsSignals
nice idea
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