This is GBPUSD Weekly Chart projecting A to B B to C and C to D legs.
Please follow your own analysis I am just sharing what I have projected to come to pass. I will be doing more analysis with GBPUSD to confirm this.
Long to 1. 48607 split trade into 2 positions and TP 1 at 1.45835 for position 2 set a Trailing Stop so the position closes in profit. No need to be greedy.
Short to 1.34749 this might change later on split this position into several trades over the few weeks it takes to hit. Do one trade over the long run and several swing trades throughout the days and hours.
Finally
Long to 1.54150 for epic profits.
This is my analysis my opinion. I will update. Good luck!
-Sable
Please follow your own analysis I am just sharing what I have projected to come to pass. I will be doing more analysis with GBPUSD to confirm this.
Long to 1. 48607 split trade into 2 positions and TP 1 at 1.45835 for position 2 set a Trailing Stop so the position closes in profit. No need to be greedy.
Short to 1.34749 this might change later on split this position into several trades over the few weeks it takes to hit. Do one trade over the long run and several swing trades throughout the days and hours.
Finally
Long to 1.54150 for epic profits.
This is my analysis my opinion. I will update. Good luck!
-Sable
Comment:
Right now I am long till 1.4820 as I feel GU to be bullish closing last week above 1.46. So far so good!
