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British Pound / U.S. Dollar
Long
Updated

Cup & Handle Pattern on GBPUSD

153
GBPUSD


Cup & handle pattern shows that GBPUSD will hit around 1.29800 mark in coming months;
an upside of roughly 3.8%.

Happy Trading !!
Trade closed: stop reached
Stop loss hit, never hit the target identified.

Stop loss was too tight, indicating that I was way too bullish.
Definitely worth the shot !!
Lesson learnt for the future.
wasif87
Chart PatternscupandhandlepatternGBPUSDlongpositionlongsetupTrend Analysis

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.
Chart PatternscupandhandlepatternGBPUSDlongpositionlongsetupTrend Analysis
wasif87

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.