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surefire-ltd
May 25, 2018 7:48 AM

A brave pattern to go long on GBPUSD Long

British Pound / U.S. DollarFOREX.com

Description

This pattern only just fulfils the rules but B does just fall within the .382 level so it is a valid pattern. However, uk data recently has been poor and goes against this pattern. Further to that completion sits just above a support zone, if it breaks through it may continue to fall and make further lower lows. We only need a small retracement however, Trade your plan, ours says to trade all we see !

good luck !
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