timmynorin

GBPUSD 4H short-term LONG setup

Long
timmynorin Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hey traders,

I'm looking to grab a piece from this opportunity.

Reason for entry: Cypher completion D
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Price failed to close below bullish trendline despite several attempts.
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Double bottom in area of cypher D closed the deal for me.

Entered long at 1.29800

Target based on 38.2 fib of C-D leg (adjusted for the entire move)
Order cancelled
Trade closed: stop reached

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