GBPUSD, 4hr tf, buy wave-3 movement to the upside
As you can see price broken above the descending trendline of previous downwards movement.
In my opinion price completed the retest of broken trendline and might continue to go up again.
Buy GBPUSD 1.3805
Stop loss 1.3750
Take profit 1 at 1.3990 (3.3R)
Take profit 2 at 1.4115 (5.6R)
Use only 1-2% risk
Good luck
In my opinion price completed the retest of broken trendline and might continue to go up again.
Buy GBPUSD 1.3805
Stop loss 1.3750
Take profit 1 at 1.3990 (3.3R)
Take profit 2 at 1.4115 (5.6R)
Use only 1-2% risk
Good luck