GBPUSD LONGS- Fibonacci bounce off the 0.786 Long

British Pound/U.S. DollarFXCM

Description

⋅ Mar 10, 2021 12:06 PM

Untapped liquidity at targets
Previous accumulation and reaccumulation on lower timeframes
Trend is not the best
Strong bounce off the 0.79 fib
EMA bounce 200 bounce?

SL at the bottom of the wick
Targets at 80 pips

1 to 9 risk to reward

Trade active

⋅ Mar 10, 2021 12:07 PM

Trade closed: target reached

⋅ Mar 11, 2021 7:32 PM

80 PIPS TP reached!