GBPUSD- Market is moving in a Bullish Channel since long. Market has formed Bullish continuation pattern and that's how we can predict a projection of TPs which is also well within a channel. Market has also retraced and bounced back from the FIB LEVEL of 0.382 which is also a good support level followed by the 3 white soldiers pattern.
ENTRY POINT & STOPLOSS with TPs :
we plan entry on the break out of resistance level (market has instant entry point) which is break of HH and keeping our SL below the HL / FIB 0.382 level or the resistance level.
ENTRY POINT & STOPLOSS with TPs :
we plan entry on the break out of resistance level (market has instant entry point) which is break of HH and keeping our SL below the HL / FIB 0.382 level or the resistance level.
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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.