GBPUSD Bullish butterfly Long

British Pound/U.S. DollarFXCM

Description

⋅ Dec 14, 2018 9:23 PM

Hi pros!
There is a bullish butterfly
price already pullback to 0.618
therefore,we have a good long setup
with sl below the 0.786 ascending fib
and tp1 : 1.277
tp2: 1.293
target: 1.327

have a nice week end

Trade active

⋅ Dec 18, 2018 7:29 PM

Trade active

⋅ Dec 18, 2018 11:51 PM

buy gbp now with sl 1.26200 because its 0.382

Comment

⋅ Dec 26, 2018 9:47 PM

sl to be

Harmonic Patterns Butterfly

Comments

tradermon

⋅ Dec 15, 2018 4:59 PM

I think the JAN 19th Brexit vote will influence the pound/dollar a lot. A downtrend break would be a good sign to get in

jeanneymar011001

⋅ Dec 15, 2018 7:49 PM

@tradermon, Hi ! thanks for sharing, I agree but I see there is a bullish harmonic pattern so will see if price goes up until mid january