GBPUSD: Long Term Sell Setup

This is like the 3rd time GBP pair moved like this. The first two times, the same thing happened. So for the third time. What are the chances? Let us see. 61.8 tend to be a good fib level during time like these where market moves really fast and you find it reversing at this level. This is a sell and hold for weeks and months.

Trade ist aktiv

Trade wurde manuell geschlossen:

The pair did not go lower, but it did go to first target. Waiting for a higher entry for a sell.