GBPUSD on the 1H time-frame.
Steps:
1. If the price breakout the previous low then it still running downtrend and the next TP is the next Fibonacci level 261.8%
2. OPEN BUY STOP if the price breakout the previous high at 1.38644 to confirm the reversal pattern.
3. Trailing slop is working.
Steps:
1. If the price breakout the previous low then it still running downtrend and the next TP is the next Fibonacci level 261.8%
2. OPEN BUY STOP if the price breakout the previous high at 1.38644 to confirm the reversal pattern.
3. Trailing slop is working.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.