GaryChew_CFTe

GBPUSD H4 LONG - BAT

Long
FX:GBPUSD   British Pound / U.S. Dollar
An excellent opportunity offered by Cable. Sterling continues to be trading within a Daily trangle since the Brexit move. Previous Gartley ended profitably for this pair, hopefully this is another nice one :)

PRZ is a nice area, with trendline support.
TBar printed.
H1 RSI oversold and retraced.
Price reaction confirmed.
Good R2R.
Enter long market Monday morning.
Trade active:
Stops to breakeven.
Trade closed: stop reached:
Stopped out for breakeven.
Comment:
A possible Type II opportunity coming up.
Waiting for RSI to go oversold at least on H1.

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