FullTimeTrader
Long

GBPUSD-H4 setup-more reasons to long

FX:GBPUSD   British Pound/U.S. Dollar
997 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.
but it breaks daily wedge and 4hr triangle to downside... i think we have to wait for NFP
Reply
Ice_ farid_ardavani
I don't think the NFP will decide that.
Reply
Dany_1990 farid_ardavani
snapshot
Reply
I'll enter before NFP. Not much to do until then.
+1 Reply
FullTimeTrader IvanLabrie
Good luck!!, may be i will enter with a very small risk. Regards.
Reply
IvanLabrie PRO FullTimeTrader
It's getting increasingly risky to trade larger timeframes, so yes, I'm mostly trading intraday.
Should be an interesting session tomorrow.
Reply
Just purfect!
Reply
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
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out