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HayatoDragonFX

GBPUSD, 1hr tf, buy the 61.8% retracement

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
HayatoDragonFX  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance Fibonacci Elliott Wave GBPUSD gbpusdlong gbpusdanalysis gbpusdforecast priceaction priceactiontrading elliottwaveprojection elliottwaveforecasts
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supportandresistance fibonacci elliottwaves gbpusd gbpusdlong gbpusdanalysis gbpusdforecast priceaction priceactiontrading elliottwaveprojection elliottwaveforecasts

As you can see, yesterday price complete the ABC correction of wave 2 or B. After this correction, we might see another impulse to the upside for GBPUSD.

ABC correction stopped exactly at 61.8 fibonacci retracement which is a good opportunity to enter long.

Buy GBPUSD 1.3810
Stop loss 1.3750
Take profit 1.3990 (3R)

Use only 1-2% risk
Good luck

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