CuBeFoX

GBPUSD LONG

Long
CuBeFoX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD long

1) 61,8 fib rejection
2) Candlesticks showing that bears are losing power
3) Trendline break is confirmation ( 4H candle with retest )
4) Fib extension suggests 1.3250 as long term target

Cheers,

Cubefox
Trade active:
4H break of trendline. Retest of the trendline and 1.3000 level before kicking off

“In order to succeed, you first have to be willing to experience failure." - Yvan Byeajee
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