GBPUSD Ready to FLY
higher time frame inverse head and shoulders pattern neckline has been broken.
Break and retest of trend line on the 15 min ... entered for 3:1 R/R
Targeting 100+ pips
Break and retest of trend line on the 15 min ... entered for 3:1 R/R
Targeting 100+ pips
Trade closed manually
price action suggests a move down to the 61.8 fib at 1.29484. Will look to re enter longs at that price. Note
looking to get back long.. waiting on 15min candle entry opportunity.
Stop loss and target adjusted. Still looking for the 3:1 R/R
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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.