TerryHarmonicTrading
Long

GBPUSD - Bullish Shark Type 2 Idea

FX:GBPUSD   British Pound/U.S. Dollar
4 months ago
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.
4 months ago
Trade active: Taking profits at 1.3270.

Already shifted sl to 1.31 to lock in 30 pips.
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
kayoko.torikawa
4 months ago
Your analysis is excellent!
I hope you publish your analysis more often
Reply
TerryHarmonicTrading kayoko.torikawa
4 months ago
Hi Kayoko, thank you for your kind words. I will try my best to post more.
Reply
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