Hey traders! Looks like the minor degree Wave-X is complete on GBPUSD
. In addition to the wave count, a bullish bat
is complete and has shown some pin support. I want to buy here with a tight stop below the root of potential wave-1. If SL is hit, this is not the first wave of the rally and I don't want to be in the trade any longer. Otherwise, we have huge profit targets above including missed pivots
and weekend gap level. Happy trading!