GBPUSD on the 1H time-frame
GBPUSD on the 1H time-frame.
Steps:
1. The price created the higher low and breakout the previous high to confirmed the reversal pattern.
2. TP1: 1.38189 at the Fibonacci level 161.8% and TP2: 1.39033 at the resistance line and Fibonacci level 361.8%
3. Trailing stop loss at 1.37344
4. MACD indicator still above the zero line.
Steps:
1. The price created the higher low and breakout the previous high to confirmed the reversal pattern.
2. TP1: 1.38189 at the Fibonacci level 161.8% and TP2: 1.39033 at the resistance line and Fibonacci level 361.8%
3. Trailing stop loss at 1.37344
4. MACD indicator still above the zero line.
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