We see the formation of a harmonic shark and butterfly pattern on the 1 hr chart. Both of these harmonic patterns are bullish indicators. Therefore, our strategy is to trade and target the 4th legs of these formations. 
GBPUSD
GBPUSD
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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.