
GBP/USD
Looking to take a long entry 1.608 area on candle conformation with initial targets set at 1.625 and 1.630 respectively. I look for price to test upper TL at 1.645 area. Price will react at each target and we can then draw our fibs to get a better idea of short term direction. It appears we are in a triangle which we must respect. If we get a break of triangle I will look for long entries and target my longer term fib targets.

No comments:
Post a Comment