GBPUSD - Bullish Shark Type 2 Idea
Based on the Shark pattern, it is likely that GBPUSD will rebound upwards if it retests 1.3070.
Will be using a 50 pip SL to aim for a profit target of 160 pips.
Entry is only confirmed when price action stabilized and rebound around 1.3070 with RSI hitting oversold and reversing back above 30.
Will be using a 50 pip SL to aim for a profit target of 160 pips.
Entry is only confirmed when price action stabilized and rebound around 1.3070 with RSI hitting oversold and reversing back above 30.
Trade active:
Taking profits at 1.3270.
Already shifted sl to 1.31 to lock in 30 pips.
Already shifted sl to 1.31 to lock in 30 pips.
