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Mronejr
Apr 20, 2021 8:34 PM

GU : CUP AND HANDLE - ROAD TO +1.41 Long

GBP/USDOANDA

Description

Hello everyone!
GU forming what is called "cup and handle" pattern, what do we expect? an impulsive move to the upside targeting +1.41 with a tight stop loss which gives us a nice RR ratio!
Note: Breaking resistance at 1.4 gives the option to add more in the position size!
DXY is very bearish:

Comments
Lingrid
And I'm waiting for GBPUSD from 1.38932 in buy) You need to earn, why waste time
DeGRAM
friend, thanks for the clean schedule. keep my fists for you.
Mronejr
@DeGRAM, Thank you!!
MAKurniawan
Excellent... retest 1.402 (0.6fib).. but doubt for more continuation.. thank you
Mronejr
@MAKurniawan, Thanks m8
MAKurniawan
@Mronejr, good luck master !
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