FullTimeTrader
Long

GBPUSD-H4 setup-more reasons to long

FX:GBPUSD   British Pound/U.S. Dollar
996 9 21
We can see a nice five wave impulse followed by a complex WXY correction that apperas to be finished.
The retracement is at the 0.61 ratio (my prefered magic number!!!)
We have also a nice AB=CD pattern within the correction.
For me everything is pointing up, but we can never be so sure.

Please remember this is not a call for a trade, just adding ideas here.

First target: last highs
Second target : 1.27 fig projection

Best regards.
farid_ardavani
a year ago
but it breaks daily wedge and 4hr triangle to downside... i think we have to wait for NFP
Reply
Ice_ farid_ardavani
a year ago
I don't think the NFP will decide that.
Reply
Dany_1990 farid_ardavani
a year ago
snapshot
Reply
I'll enter before NFP. Not much to do until then.
+1 Reply
FullTimeTrader IvanLabrie
a year ago
Good luck!!, may be i will enter with a very small risk. Regards.
Reply
IvanLabrie PRO FullTimeTrader
a year ago
It's getting increasingly risky to trade larger timeframes, so yes, I'm mostly trading intraday.
Should be an interesting session tomorrow.
Reply
farid_ardavani
a year ago
snapshot
+1 Reply
InsideMarket
a year ago
Just purfect!
Reply
Yahia.Awes
a year ago
Huge buying pressure there.. Look at the wicks of the candles making hammer after hammer.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out