GBPUSD Long

British Pound/U.S. DollarFXCM

Description

⋅ Aug 22, 2022 2:08 AM

Main situation:
Consider a buy position above the 1.17500 level with a goal. 1.20996-1.22854 When the adjustment is complete

alternative scenario:
Breakout below the 1.17100 level will allow the price to continue falling to the level. 1.16000-1.14028
>>> GooD Luck 😊

Comments

ProjectSyndicate

⋅ Aug 23, 2022 1:00 PM

so far so good, reasonable targets

Serana2324

⋅ Aug 24, 2022 8:31 AM

@ProjectSyndicate, most welcome

FOREXN1

⋅ Aug 23, 2022 5:05 AM

Agree , we have recognize a Pattern of inversion here.

Serana2324

⋅ Aug 24, 2022 8:31 AM

@FOREXN1, most welcome

AtlasTrades

⋅ Aug 22, 2022 8:07 PM

nice TA :) I agree GBP/USD can follow your trading idea

Serana2324

⋅ Aug 24, 2022 8:30 AM

@AtlasTrades, thanks a lot dear

Michael_Winner

⋅ Aug 22, 2022 7:38 PM

I guess we have a similar view on that Gbp/Usd chart. Well done!

Serana2324

⋅ Aug 24, 2022 8:30 AM

@Michael_Winner, thanks

Solldy

⋅ Aug 22, 2022 4:22 PM

Good description of the idea and technical analysis of the chart! Checked the cluster analysis and do not doubt the idea) Already waiting for the exact workout.

Serana2324

⋅ Aug 24, 2022 8:31 AM

@Solldy, most welcome