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SwingingPrime

Buying GBPUSD ~150pips continuation Pt.3

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
SwingingPrime Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Harmonic Patterns Chart Patterns Wave Analysis GBPUSD gbpusdlong gu
6
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harmonicpatterns chartpattern waveanalysis gbpusd gbpusdlong gu
If we do not have a 15min pullback and price breaks the high, I would be expecting a resistance at around 1.2206 that would take out the liquidity of 1.21399 before shooting to TP. Manage your positions adequately.
Comment:
I would be looking for new buy entries at the demand zone (88.6% or 78.6% between 1.21146 and the high)
Comment:
entry is coming up
Comment:
I would be taking my buy entry from 1.2134. As always trade cautiously.
Trade closed: target reached
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