FX:GBPUSD   British Pound/U.S. Dollar
637 9 22
4 months ago
-3RD BOUNCE OF TRENDLINE AND REJECTION
-GREAT RR
-SET TO DROP AGAIN
-FUNDEMENTALLY LOTS OF UNCERTAINTY WITH THE POUND AT THE MOMENT
-COULD WAIT FOR A 1H BREAK AND CLOSE PAST A COUNTER TRENDLINE TOO
-KEEP EYE OUT FOR FIB LEVELS ESP             THE 0.618
-HAPPY TRADING PEOPLE
-THATS MY FIRST TARGET
-IL TAKE 70 PERCENT OFF THERE
4 months ago
Comment:
snapshot
4 months ago
Comment: Not entered short yet....we still look at the pairs in an unbiased way.....

If we have a break long and close one the 4h it will be a great entry for Long

But I feel we might retest the area again before a drop be patient and wait for breaks in structure
4 months ago
Comment:
snapshot
4 months ago
Comment: As you can see FIB 0.618 held strong as support and hit another fib level, then retraced
jackmyattFX PRO
4 months ago
snapshot
Reply
DvineEmpressKay
4 months ago
Go Long on GBPUSD.. Great demand
Reply
Lay-Z
4 months ago
nice bounce of the 0.618 area would had hit full target it broke round that area, good set up nevertheless
+1 Reply
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