melvinljw
Long

Swing trade, Long GBPUSD

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
Elliot wave + Fibo retracement levels

Elliot wave 5 could possibly have end with the "flash crash of the GBP"

Looking for a 50% retracement of the down move to 1.34 level, which coincides with a long term downtrend stretching from 2014.

Trade Idea : Long GBPUSD             @1.238
SL : 1.2285
TP : Open, targeting 1.34, (May TP if bearish TA or fundamentals kick in)
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