GBPUSD long idea
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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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.