Although GBPUSD falls down quickly,but we can see that the PRZ of Gatterly Pattern converge very well
0.786XA
AB=CD
1.27AB
all suggest tha 1.29368-1.29442 will be a nice place to long GBPUSD
Let's wait for the price behavio
0.786XA
AB=CD
1.27AB
all suggest tha 1.29368-1.29442 will be a nice place to long GBPUSD
Let's wait for the price behavio
Note
SL&TPTrade active
Note
The PRZ is so strong like a wall!The price reverse sharply ant retrate to the 0.618 level
We can enter at 1.29588
Note
After taking profit at TP1 & TP2 ,I would like to keep the rest 1/3 of my long position,if the price goes down,I will renter according to the Cypher patternTrade closed: target reached
TP3 hit
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.
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.