AMZTRADER

Long Swing Trade Projection

Long
OANDA:GBPUSD   Britisches Pfund / US-Dollar
Dear Traders,

This Pair has a Potential to rally off the price 1 .29900 / 1.30000 / 1.30100

Why !!? Plz follow the drawing in the chart along with my analysis

1- The Turning price falls in Large quarter Theory price 1.30000
2- Bullish Cypher pattern D Point Completion right @ Major Level of Structure
3- The price is retesting the structure Level and the regression Trend right @ Cypher pattern D Completion
4- The price still above the 200 MA on daily & 4 H Chart
5- DXY ( Dollar Index ) Falls in beautiful Bearish Pattern Completion

I appreciate your support your comments and your Feedback / We're here to learn to win and to prosper

Trade Setup : Long

Entry : 1.30100
SL : 1.29000
Target 1: 1.32800
Traget 2: 1.33840

Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses
You alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading.
So trade at your own risk.
Courage.
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