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ChinaHelloWorld

GBPUSD could go North after a Bullish Butterfly

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
ChinaHelloWorld Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
2
0
trendanalysis chartpattern waveanalysis
Price could be in Bullish Butterfly CD line generating. It could go North after a 1.27 XD generated. There are couple supports in that area. Note: This is just an assumption and it is not a trend follow strategy, so, there is high risky. Need to place order after price go into that zone and check smaller time frame's price movement to confirm this assumption. The stop range could be big.
Comment:
Close this strategy.
Comment:
No profit.
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