Trader_Joe_Lee
Long

GBPUSD a 0.618 retracement and 2618 combination long

FX:GBPUSD   British Pound / U.S. Dollar
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GBPUSD has a daily 0.618 retracement and bounced off that, and formed a double bottom reversal sign.
I'll be looking for smaller time frame reversal sign if it hits 1.3910, it's very close after the job number this afternoon,
so I don't mind to take the inside 15 breakout or the 30min pin bar as a little intra-day trade, but the main idea is still the 2618!


Let's see how it goes!
Comment: inside 15 broke to the downside, so wait for the 2618!
Comment:
inside 15 after hitting 1.3910 to get the 1st kick immediately yo
wait for pivots to trail!
Comment: Put the out below 1.3940 to trail! nice trade~
Comment: 2618 itself worked pretty well, almost get the 1st kick if trading it directly!
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but the 2618 will show in the high level, do not think it may be workble
Reply
@lengjs, the idea comes from daily 0.618, the double bottom is taken as a reversal sign.
Reply
ok
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