daytradernik

CABLE LONG SETUP - POSSIBLE DOUBLE STOP HUNT

FX:GBPUSD   British Pound / U.S. Dollar
There is a chance that the Pound could fall to take out the 'double bottom' stops resting below the 62 fib retracement of the movement up from the 8th July to the 29th July, and then make a move back up to take out the liquidity above the 1.568 level.

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