GBPUSD - ABCD Move
I have taken a long position on this pair, but had to cancel it with a minimal loss. This may not be the perfect AB=CD as it does not conform to Fib principles, but assuming that the AB Leg is equal to CD leg, it brings this pair to a very strong support.
Trade with care
Trade with care
註釋
Broke and intermediate support - heading to base - 註釋
This pair is now moving closer to the major support註釋
Now at support - I don't see any bullish signals as yet註釋
Order cancelled
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