GBPUSD long idea
Updated
1. price broke out of the pennant with displacement
2. i'm expecting a retracement to one of the golden levels, especialy 62% which also aligns with a previous H4 inefficiency that should provide support for a long trade.
2. i'm expecting a retracement to one of the golden levels, especialy 62% which also aligns with a previous H4 inefficiency that should provide support for a long trade.
Note
3. For trendline traders, price should retest the top bearish trendline that has been broken
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