GOD_FOREX

GBPUSD - M15 - Down and Up Trend

Short
GOD_FOREX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hey traders,
Please Support this Idea with LIKE if it is Useful....

Base on Divergence (HD-) the GBPUSD should continue its downward trend and there are 2 targets in its path.

Target 1 is base on AB = CD pattern and Target 2 is based on my 100% strategy that must touch.

After that GBPUSD may change its Trend to up and in Up trend there are another 100% target that must touch.

And how can we use this Analysis:
We can get a SHORT position now and wait for touching target.
If you are Low risk person our target can be AB = CD target else you target should be second one.

After that wait for changing trend base on break trendline or Price Action Pattern or ... .
And then you can get a LONG position on this symbol and wait to touch Target 3.

I hope this Analysis be useful and we can get a good Profit from that.

If you Like this Analysis please Like it for more Support.

Good luck...!
Trade closed: target reached:
Target 1 and Target 2 reached.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.