Good afternoon, I’m expecting the price to go up from now till the end of 2022. As you will see from the chart, were just starting wave 3 (what I feel will be a good opportunity for a long term trade) Ive entered just above the 0.618 fib at 0.952 with a SL at 0.9385. The RR on this opportunity could be 10:1. The price may retest the 0.618 fib @ 0.946, but if the...
Expecting GBP/USD to go up from here. Don’t expect it to go lower than 1.2090 SL - 1.2080 (- 20 pips) TP - 1.6500 (+400 pips) RR - 20 to 1 Take this idea at your own risk.
Looks like the GBP/USD is ready to go back up Not expecting the price to go below 1.21600 Before any order is placed I’ll be awaiting conformation (Reactive not predictive)
Wedge pattern almost ready to break. Expect price to reach 1.21400 to complete wave (c) before heading back up This is my first post so any comments please share. Thanks and good luck..