GBPUSD is in process of completing a Bullish AB=CD pattern
GBPUSD is in process of completing a Bullish AB=CD pattern. PRZ has been projected on Fib 1.27 approx and marked on chart. Short entry through Sell stop has been marked on chart with suitable TP and SL. Upon reversal from PRZ, a long entry shall be placed through Buy Stop upon upward break of point B and obtaining confluence through RSI divergence, candlestick pattern or support zone.
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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.