GBP/USD - Price On A Hot Zone
Updated
*** DISCLAIMER ***
Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
****************************
The price is now on a mirror level and it's on its second touch of the grey zone (in the chart), farther we can see that the mirror level coincide with the 61.8% Fibonacci level.
Now I will wait to see if the price break or bounce, then I will wait for a retracement and do my entry with the drawn TP.
Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
****************************
The price is now on a mirror level and it's on its second touch of the grey zone (in the chart), farther we can see that the mirror level coincide with the 61.8% Fibonacci level.
Now I will wait to see if the price break or bounce, then I will wait for a retracement and do my entry with the drawn TP.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.