GBPUSD Long Trade Idea
Amazing structure formed by GU. Clean 5 wave impulse followed by a complex corrective structure.
Price has bounced off of the 61.8% fib retracement level of the impulse which also happens to be
confluent with a support level. On the m15 timeframe, price has broken out of a descending trendline
and has just retested it. This is quite the concoction of a long bias psychology. Let's see how it performs.
Let me know what your thoughts are on GU for the upcoming weeks. I hope you are having a safe and good
trading week.
Targets:
- 1.37800
- 1.41350
For now....
Price has bounced off of the 61.8% fib retracement level of the impulse which also happens to be
confluent with a support level. On the m15 timeframe, price has broken out of a descending trendline
and has just retested it. This is quite the concoction of a long bias psychology. Let's see how it performs.
Let me know what your thoughts are on GU for the upcoming weeks. I hope you are having a safe and good
trading week.
Targets:
- 1.37800
- 1.41350
For now....
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.