KevinT
Long

3 possible target areas

FX:GBPUSD   British Pound/U.S. Dollar
443 1 1
This pair seems to rebound on Fibo. At 4h, the indicators starts to turn bullish if only mildly. If premature rebound fails, then down to the lower boundary of the channel. If if breaks the channel, lower Fibo will be the target.

So, initially aim for a rebound if you are a risk seeker. Set your stoploss in case of fake rebound as things can get messy. If you are risk averse, then stay out of this kitchen.
VincentK
3 years ago
Will go down definately
Reply
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