GBPUSD Long (but not now)
Updated
The GBPUSD pair has a lot of potential on the buy side.
However, I'll be looking for a flag. And will starting looking for a buy on a bounce at the 50% fib level.
Entry: 1.22
Stop: 1.1975
Target: 1.3
R/R: 3.5/1
However, I'll be looking for a flag. And will starting looking for a buy on a bounce at the 50% fib level.
Entry: 1.22
Stop: 1.1975
Target: 1.3
R/R: 3.5/1
Note
While waiting for a better price to enter long for a long term trade, I'm thinking of playing the range that should take place before the top breakout.
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