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chartreader_pro
7 okt 2018 10:26

GBPUSD Bullish Flag and Potential Long Opportunity Lång

FX:GBPUSD240
British Pound/U.S. DollarFXCM

Beskrivning

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We might see a pullback and retest of the broken flag line - see the attached idea -

The Bullish move will continue as long as the pair holds above 1.30600.

Targets of the flag pattern as shown on the chart.

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Chart PatternsTrend AnalysisGBPUSD
Kommentarer
ofa
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hi, is this still a valid idea?
chartreader_pro
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@ofa, yes... as we wrote ...pullback towards 1.30600 based on the pattern we have shared on the previous - attached - GBPUSD trade idea...
ofa
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@itradeandwin, thanks for your prompt response, should one expect to wait for a pull back towards 1.3060 or let the trade go or enter from here?
chartreader_pro
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@ofa, pulled back already... pls check the attached setup ...
ofa
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@itradeandwin, so the suggestion is not to enter this trade as it is late compared to the target R:R ?
chartreader_pro
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@ofa, setup and the levels are quite clear.
ofa
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@itradeandwin, ok thanks I understand your policy!
Mer