[Growthbank] Testing retracement entries - GBPUSD
[GBPUSD BUY LIMIT] We are riding this bullish trend to the first take profit. We wanted to identify key levels where market may retrace or find some consolidation. This trade is a test of our hypothesis.
Expectation: Market will retrace to the 61.8 and continue on to the trend not going lower than the lowest key level.
Expectation: Market will retrace to the 61.8 and continue on to the trend not going lower than the lowest key level.
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.