Joseph_Yabwa

CONTRACTION & EXPANSION ON GBPUSD!

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hi traders, this will be the trade of the day, it's a contraction an expansion strategy with 4 triggers so let's see if the market will give us a win here.

Note: You can shoot for extended target at the 127.0 Fibonacci extension, if the market does go us from here i do expect it to retest the previous structure at least.

Good luck traders

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.