GBPUSD long entry at 1.4163
Updated
Hi traders,
On the GBPUSD we can see a clear triangle forming.
I am looking for a long entry around 1.14163 area.
My reasons for this:
Entry: 1.4163
Stop: 1.4097
Target 1: 1.42715
Target 2: 1.44
Best of luck!
On the GBPUSD we can see a clear triangle forming.
I am looking for a long entry around 1.14163 area.
My reasons for this:
- Trendline hit
- Previous structure
- 61.8 or 31.8 fib retracement
Entry: 1.4163
Stop: 1.4097
Target 1: 1.42715
Target 2: 1.44
Best of luck!
Trade active
Note
Looked a bit dodgy, but the trendline seems to be holding on the daily chart.Trade closed: stop reached
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