GBPUSD Target Risk / Reward Ratio up to 8.41
with Multiple Targets Only if Past Performance Repeats as Shown in Chart Above
Prior Price
Bounce from Support level Up to 15 Risk / Reward
Prior Bounce Have Similarities to the Up Trend with B1 of 1.59% vs B2 with Possible 1.36% and Respecting the RSI Oversold Level
Future
Possible Targets May Occur if Price Works as Show my Extended Line Pattern (white / orange)
Breaking Above Extended 200MA (red) and the Upper Descending Channel Line
May Hit Our Possible TP Reward #3
Having in Mind Fibonacci Levels as Well to Hit our Target TP3
If you Followed my Idea that I Posted from Aug 16-17, you can Confirm that Both Goals Were Met. Now is the time to Flip the Trade.
NFA
NOTE: Line Extension is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on Price Speed
(You Know What I Mean... Right!!)
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas Go to My Profile and Select the Follow Green button 😁
See You In the Next one!
Prior Price
Bounce from Support level Up to 15 Risk / Reward
Prior Bounce Have Similarities to the Up Trend with B1 of 1.59% vs B2 with Possible 1.36% and Respecting the RSI Oversold Level
Future
Possible Targets May Occur if Price Works as Show my Extended Line Pattern (white / orange)
Breaking Above Extended 200MA (red) and the Upper Descending Channel Line
May Hit Our Possible TP Reward #3
Having in Mind Fibonacci Levels as Well to Hit our Target TP3
If you Followed my Idea that I Posted from Aug 16-17, you can Confirm that Both Goals Were Met. Now is the time to Flip the Trade.
NFA
NOTE: Line Extension is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on Price Speed
(You Know What I Mean... Right!!)
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas Go to My Profile and Select the Follow Green button 😁
See You In the Next one!