GBPUSD Long - 5/4/2021
Hello Traders !
GU is showing some bullish pressure so we can definitely join this event. How can we do that ?
Easily wait for the price to retrace to our 0.618 fibonacci level and then execute your trade on lower timeframe. We can expect more of the upside move very soon.
USD also seems to me a bit weak this week so this is another confirmation for our setup.
GU is showing some bullish pressure so we can definitely join this event. How can we do that ?
Easily wait for the price to retrace to our 0.618 fibonacci level and then execute your trade on lower timeframe. We can expect more of the upside move very soon.
USD also seems to me a bit weak this week so this is another confirmation for our setup.
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.