GBPUSD-nice technical setup

FX:GBPUSD   British Pound / U.S. Dollar
1674 16
This is one of prefered setups:

- trendline support
- 0.61 fib retracement
- bullish hidden divergence
- engulfing bullish candle
- from EW perspective this is a a possible 1-2 (big trend starting)

Comment: first and second target hit, waiting third target to be hit because i see still bullish potential
Good job!!!
About to hit the trendline ,
Do u expect it to brake it or what scenario do u expect Can u please mention .
FullTimeTrader SatyaRanjan_Das
Hello, i expect a big rally from here, price could make some reaction near the 1.1500 level but i would not entry short thee. I will focus mainly on longs adding position after a pullback. Off course its just my point of view, the market will tell.
+1 Reply
SatyaRanjan_Das FullTimeTrader
Sry But 1.1500 level ???
FullTimeTrader SatyaRanjan_Das
Lets wait for more price action an then we wil see, right now im long managing the trades. Regards.
+1 Reply
SatyaRanjan_Das FullTimeTrader
Hello, please check your rules, it seems its not a valid pattern. Anyway, price action is too far. We should go step by step and trade patterns that are near completion. Regards.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out