GBPUSD 4H short-term LONG setup
Updated
Hey traders,
I'm looking to grab a piece from this opportunity.
Reason for entry: Cypher completion D
+
Price failed to close below bullish trendline despite several attempts.
+
Double bottom in area of cypher D closed the deal for me.
Entered long at 1.29800
Target based on 38.2 fib of C-D leg (adjusted for the entire move)
I'm looking to grab a piece from this opportunity.
Reason for entry: Cypher completion D
+
Price failed to close below bullish trendline despite several attempts.
+
Double bottom in area of cypher D closed the deal for me.
Entered long at 1.29800
Target based on 38.2 fib of C-D leg (adjusted for the entire move)
Order cancelled
Trade closed: stop reached
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