🚀After a brief consolidation near the 50% Fibonacci retracement, price performs a bullish fakeout, signaling its intention to move higher. The 14:00 candle stands out as a clear sign of strength from buyers. 🔍 Trade Setup 📍 Entry limit: ⛔ Stop Loss: 🎯 Take Profit: ⚖️ Risk/Reward: ≈ 💬 What’s your outlook on GBPUSD? Is this the start of a new leg up? Share...
AUDUSD breaks double bottom on the 38.2% Fibonacci retracement 🚀Price has formed a double bottom around the 38.2% Fibonacci retracement level. The 15:00 candle confirms bullish strength. If this structure holds, the price may extend to retest yesterday’s high. 🔍 Trade Setup Entry limit: Stop Loss: Take Profit: Risk/Reward: ≈ 💬 What do you think?...
Double Bottom formed Find Pull back to Buy Entry : 0.6139 SL: 0.60384 TP : 0.62392