RaynLim

GBPUSD-Weekly Market Analysis-May20,Wk3

Long
FX:GBPUSD   Livre sterling / Dollar américain
In this sharp drop in UK Pound, you can either wait for a retest back into the red box to short or consolidation at the HOP level for a buying opportunity on this deep crab setup.

I will need the pink arrow pointing up to appear in order to do that, in addition, a bullish reversal at the HOP level.

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