Got in early but that's how confident i am in this one
Patience is key. Leaving enough room for stops. If it fails to bounce of entry area, cut trade
Reversal from Jan 19 low Bounce from Dec 18 low Target - 1.27
If you zoom out to the monthly candle you will see a massive shooting star candle. What does that mean?
I do not trust GBP at this point in time so but there is still a low R/R here to buy this retrace with a stop at 1.2120. The chart speaks for itself. Long term downtrend to about 1.18. Medium-term retracement to about 1.2315 - 1.24