Waiting for the price to retrace and bounce off the red trendline
This trendline is going to be around the 0.795 fib level.
buy at 1.180
target 1 - 1.14
target 2 - 1.15
Buy USD GBP on fib retracement
Retraced to 0.618, entry allowed down to 0.795 fib.
1st target recent resistance at 0.65550
2nd target - highest resistance which is recent high
Downward break of the short term trend line (red lines).
Currently stuck in no mans line.
Trade once the long term (green lines) trend lines are breached.
Break down of the short term trendline with a bounce off a long term down trend line.
Current position is to wait for the break of a longer term trend line - green lines.
Wait for test of median line and buy with target at upper median