OANDA:GBPUSD   British Pound / U.S. Dollar
Recently price was travelling in an ascending channel , however we did just see a clear breakout, several 4 hour candles closed below the channel. Right now price has come back up to retest the channel, also at the 0.618 which is the perfect reversal point of any wave. This suggests price will take a fall, our targets are marked above on the chart.

Our first target is the previous Lower Low, our second is the next support zone and our third is the -0.217 extension level of the fib wave we used of the previous wave!

Leave me a review on please
Trade closed: target reached: TARGET SMASHED


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out