GBPUSD 15min LONG SETUP (short term FIBO based)
Cable looks to be in good shape enough to make another run to higher levels. FIBO suggests to make a deal as follows, similar to yesterday's Eurodollar setup
BUY LIMIT @ 1.5550
SL 1.5515/20
TP1 1.5597 - after hit, rest of position's stop loss then move to entry price
TP2 1.5670 - I know this one may not be reached any soon
BUY LIMIT @ 1.5550
SL 1.5515/20
TP1 1.5597 - after hit, rest of position's stop loss then move to entry price
TP2 1.5670 - I know this one may not be reached any soon
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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.