GBPUSD LONG IDEA IF THIS LEVEL HOLDS 0.618 FIB-IM STILL BULLISH ON THIS PAIR AT THE MOMENT
-FIB 0.618 MAGIC RETRACEMENT IS THE AREA I WANT TO HOLD TO SECURE A LONG
-A B C D STRUCTURE HERE
-THE NARROW BLUE BOX YOU CAN SEE IS A KEY LEVEL HAVING BEEN STRONG RES NOW SUPPORT
-FIRST TARGET WILL BE WEEKLY RES 1.4760 IF THESE ARE HIT WILL TAKE PARTIAL PROFITS AND THE NEXT TARGET WILL BE FIB LEVELS.
Fibextensions
GBPUSD: Potential Reversal Zone for TCT BullsPotential Bullish Trend Continuation trading opportunity on the GBPUSD. To create my potential reversal zone I've used a combination of structure, market harmonics and Fibonacci tools.
Also if you missed it live yesterday I posted a recording of our week 5 trading recap video on my youtube page.
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Good luck this week traders!
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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