mr_tadas

mr_tadas

Watch for entry at touch of TL with very tight SL of no more than 10 pips below. If price crosses TL: Possible touch of 200 ema and test of 1.1 key level. Await confirmed bottom possible entries when price breaks back above currently valid TL and retests. Monthly support level is 1.1 stops should not be any lower.

mr_tadas Updated 

Key areas of reversal for GBPUSD outlined. Possible touch of TL also an option. 1.376 area aligns with .5 fib retracement. Entries with tight SL, none below 25 pips of lower TL. Weekly candle also indicates rejection of 1.37 key level, look for entry confirmation on weekly candlestick wick formation. Targets above previous highs.

mr_tadas

- An idea. Look at the big picture, very nice economic flow.

mr_tadas

Waiting for the retracement to complete, hoping for a jump after londons open.