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AdamHong

GBPUSD:Bullish AB=CD Pattern and the 0.618RET

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
AdamHong Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD AB=CD 0-618
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0
gbpusd abcdpattern 0-618
The bullish AB=CD pattern has completed at 1.227 level and the 0.618RET of previous rally is at the same level.
Meanwhile the previous structure also works at this zone.
So it is good to buy at 1.227 levels when price action gives the signal in the PRZ.
SL:below 1.227
TP1:1.232
TP2:1.234 and further more
Trade active
Trade closed: stop reached
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