Johnny_Yu

GBPUSD long reversal double bottom pattern

Long
FX:GBPUSD   British Pound / U.S. Dollar
So far, the Pattern seems good. The long tail candle formed on the friday indicated buying pressure below 1.3025. I am planning to long it when it comes back to 1.3000, SL is around 1.2965.

selling pressure may come around 1.3325 as it is fresh to retest. We may choose to close partial position and move sl to be and let the profit run.

The profit margin is good.
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