GBPUSD Buy Idea
After price did a "Triple Cycle" to the downside we can find a FB and a new high creating a bullish convergence.
After a bullish convergence we need a double wave retrace and price did that already.
So going long on this pair is a very nice opportunity.
Protect below last low aiming:
T1 50% of the special cycle
T2 around 1.46
SL below last low
After price did a "Triple Cycle" to the downside we can find a FB and a new high creating a bullish convergence.
After a bullish convergence we need a double wave retrace and price did that already.
So going long on this pair is a very nice opportunity.
Protect below last low aiming:
T1 50% of the special cycle
T2 around 1.46
SL below last low
