AustineFXBender

go long for long-term profit

Long
AustineFXBender Updated   
FX:GBPUSD   British Pound / U.S. Dollar
I identified a single candlestick reversal pattern(the hammer) which I believe was signalling strong movement to the upside. To further strengthen my predictions a I made use of Fibonacci retracement tool in combination with the already established areas of support and resistance. I believe the prices will break the first Fib resistance level down at the bottom,and then pull back to it,same thing for the second and after a stron bullish explosion to the upside.I might be wrong but lets see what the market does.
Comment:
oh and one more thing please take in consideration that this is all based on a higher timeframe.
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