Long GBPUSD : Retesting Support for 4th Time !

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             retest the support zone around 1.2980's for the 4th time and we have potential double bottom forming in the zone. So once Double bottom & bullish reversal is confirmed, initiate long positions in GBPUSD             with stops below wicks of support zone .

Feel free to leave your comments/opinions...
wrong :(
This is fucking amazing!
InsiderB riskmaster
Lol.. You are super excited it seems, Thanks man !
My analysis shows that the price will be back after touching 1.29187... but who knows..!!!
InsiderB asncpns
thats too bad for My positions, if the bullish cypher didn't work out, I will be exiting @ breakeven which I entered based on 4h charts 3 days before !
I hope you are right! They keep testing it over and over again. I currently need it to get to 1.3081 to clear my position without losses.. Started this adventure with GBP/USD Buy on 13 September.. Didn't look into the current channel.. :) No, still not enough experience! :P
+1 Reply
InsiderB KoalaBear
Thanks Man, have you checked My GBPUSD analysis on 4h charts ? I have targets around the same zone you mentioned. Feel free to check under my profile the title is - " LONG
Long GBPUSD : 12345 ElliotWave completion & Corrective wave (c) "
KoalaBear InsiderB
I see, leg C is at 1.3095, that would be great. I again almost cut myself with a knife in the fingers again :)
InsiderB KoalaBear
@KoalaBear, The targets you fixed in 80's is better than 90's I believe bcos of wick zones. All the Best to "Us", then :)
KoalaBear InsiderB
Haha. Until now it is not working out. I don't know what I will do, for now I'll wait that 1.2940 will hold.. They are on the bottom of the channel, again..
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