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tmacnba

GBPUSD Low Risk High Reward Buy Trade Setup

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
tmacnba Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns structuretrading
4
0
trendanalysis harmonicpatterns chartpattern structuretrading
As price is declining to test the area for Demand, we shall wait for a candle reversal stick pattern before an entry. Min Risk to Reward is 1:3. SL below Demand Zone.
Comment:
Price broke through the demand zone creating a fakeout at the level. Watch for the major Demand Area below for possible buy entry. If that demand is broken, I am looking only to sell this currency pair for now.
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