Toivo
Long

Trend Continuation Trade

FX:GBPUSD   British Pound/U.S. Dollar
101 0 6
Hello!
This is beautiful opportunity to go long GBPUSD             .
Resistance becomes support and Risk/Reward is well over 1 to 5 to the 1st target
If we test 61.8 level and get rejected form there I will buy to 1.2650 and If we fall through then the next level is 78.6 which gives us Chyper pattern.
I personally open to positions and will trail 2nd position if we get break above 1.26 levels
We have DXY             also reached 61.8 on a higher time frame so dollar pullback could be expected.

Manage the risk! Size right!



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