Potential Head and Shoulder pattern. Also lining up with the fib retracement levels.
Placed a Buy limit around the 61.8 retracement level. I am confident that price will retrace from this level as we have created a double bottom in the past.
Fib retracement level lining up with the 38.2% line. Currently going short. 1:5 R/R.
FIB retracements seem to be lining up, waiting for price to come back for the bounce.
Waiting for price action to come back to retracement level.
Fibonacci retracement levels are lining up to previuos levels of fibonacci in the past. Will look for buys if and only the levels are respected as we seem to be in an uptrend.
Things to look for when to go short - Bearish candlestick patterns, A breakout of the previous trend.
bearish channel formed and breakout of previous support.
Fib extention matching up nicely. Looking for buys ONLY if price holds above.
Approching strong support level. Waiting for price to maintain above in order to look for buys.
*DAILY* waiting for the daily closure to close above in order to go for a Buy position.
Fib retracement lining up. waiting to see price hold above.
price lining up to the 38.2 retracement line. Looking to see if price can maintain under.
GBPUSD forming a potential head and shoulders reversal pattern.