GBPUSD Buy Idea
After price did a "Triple Cycle" to the downside we can find a FB and a new high creating a bullish convergence.
After a bullish convergence we need a double wave retrace and price did that already.
So going long on this pair is a very nice opportunity.
Protect below last low aiming:
T1 50% of the special cycle
T2 around 1.46
SL below last low
After price did a "Triple Cycle" to the downside we can find a FB and a new high creating a bullish convergence.
After a bullish convergence we need a double wave retrace and price did that already.
So going long on this pair is a very nice opportunity.
Protect below last low aiming:
T1 50% of the special cycle
T2 around 1.46
SL below last low
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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.