JuanEnriquezQ10
Long

GBPUSD Trend Continuation (LONG)

OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUS has successfully broken a past resistance level 1.3130 (blue dotted line) and right now its finishing making a correction to the 61% and 50% Fibonacci levels, using the Fibonacci Extension tool I can calculate a Take Profit level which is 1.3210. If price breaks the red dotted line at 1.3200 which is also a support zone , then the trade will be canceled.

You can buy right now when the price ranges between the Fib levels and set your Stop Loss at 1.3200
Trade active:
Trade closed manually: Closed trade in profit

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out