itradeandwin
Long

GBPUSD Bullish Flag and Potential Long Opportunity

FX:GBPUSD   British Pound / U.S. Dollar
We might see a pullback and retest of the broken flag line - see the attached idea -

The Bullish move will continue as long as the pair holds above 1.30600.

Targets of the flag pattern as shown on the chart.

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hi, is this still a valid idea?
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@ofa, yes... as we wrote ...pullback towards 1.30600 based on the pattern we have shared on the previous - attached - GBPUSD trade idea...
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ofa itradeandwin
@itradeandwin, thanks for your prompt response, should one expect to wait for a pull back towards 1.3060 or let the trade go or enter from here?
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@ofa, pulled back already... pls check the attached setup ...
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ofa itradeandwin
@itradeandwin, so the suggestion is not to enter this trade as it is late compared to the target R:R ?
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@ofa, setup and the levels are quite clear.
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ofa itradeandwin
@itradeandwin, ok thanks I understand your policy!
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