GBPUSD - Bullish Shark Type 2 Idea

FX:GBPUSD   British Pound / U.S. Dollar
Based on the Shark pattern, it is likely that GBPUSD             will rebound upwards if it retests 1.3070.

Will be using a 50 pip SL to aim for a profit target of 160 pips.

Entry is only confirmed when price action stabilized and rebound around 1.3070 with RSI hitting oversold and reversing back above 30.
Trade active: Taking profits at 1.3270.

Already shifted sl to 1.31 to lock in 30 pips.
Your analysis is excellent!
I hope you publish your analysis more often
Hi Kayoko, thank you for your kind words. I will try my best to post more.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out