Get started
JakeSummers4x

GBPUSD - Bullish ABCD

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
JakeSummers4x Updated   
FX:GBPUSD   British Pound / U.S. Dollar
AB=CD Bullish Patterns Harmonic Patterns
3
0
abcdpattern bullish harmonicpatterns
Confluences
- Strong PP at 1.4400
- 61.8% retracement holding firm (1.4400)
- Bullish engulfing candle
- CTL break (currently retesting)
- HH, HL, HH expected
Comment:
Seems as if the smart money just cleared a lot of stops before scooping it back up at a cheaper price.

Related Ideas

JakeSummers4x
GBPUSD - Bullish continuation
JakeSummers4x
EURUSD - Bearish Bat at 1.4000
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.