waiting for retracement to any of the marked levels before buying to previous resistance & fib level 141
waiting for pair to retrace to either marked level before reaching a safe target of 1.17000.
per my previous pattern, price decided to retrace lower. either price will hit 71% (also the bottom of the wedge) or is going to break out in a bearish trend. keep in mind important data coming out today on GBP & tomorrow on USD
longterm up move potential to 151.000. price may retrace now before hitting 148.800 (as a sure target) & higher after various retracements along the way
waiting for a breakout then buying after a retest to 1.00800 a previous high to be safe, but potential higher to touch the top of the pattern
price broke out of the channel. waiting for price to drop to previous low support
Pair broke out of a daily descending channel & heading up in a 4H channel. 1H retracement touching the broken daily channel. waiting for 1H breakout of the descending line to buy to next resistance
Waiting to see if it will either retest support or break out to next resistance & fib level.
Clean & simple strategy. channel broke, created new LL, current retacement to fib level creating a new LH. potential short @ fib level touching the descending trendline.
clean & simple strategy. GBPUSD in a channel. smaller trendline breakout to the bottom of channel followed by a potential bounce off to the top.
Clean & simple strategy. 4H channel broken and retracing. Potential short after retracement to key level.