Norsefx

GBPUSD 4H 1.618 Harmonic move.

Short
FX:GBPUSD   British Pound / U.S. Dollar
As mentioned yesterday, the pair closed above the BC leg, and i am now looking for a harmonic move up into the 1.618 fib.ext.

That area is also a previous battleground between the bulls and the bears.

Stops on this is above the 1.618 and im looking for a target at previous resistance at the 1.27fib.ext (C)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.