GBPUSD test 50% Fib retracement I draw on the chart at 1.5150
50% Fib Retracement is very important : Basic TA knowledge: Any bounce from 50% Fib retracement confirm for uptrend : The downtrend is rejected.
Moreover, 50% Fib Retracement is also coincides with SMA50 + SMA100 : GBPUSD bounced from this level, and I think GBPUSD should go up.
I run a LONG position of GBPUSD at 1.5314, take profit 1.5540, stop loss 1.5210
----------------------------
Any contact: LH admin: admin@trackingforexsignals.com
Support: support@trackingforexsignals.com
Best Regard!
- -TrackingForexSignals.com--
Do the Right thing- Think the right way.
50% Fib Retracement is very important : Basic TA knowledge: Any bounce from 50% Fib retracement confirm for uptrend : The downtrend is rejected.
Moreover, 50% Fib Retracement is also coincides with SMA50 + SMA100 : GBPUSD bounced from this level, and I think GBPUSD should go up.
I run a LONG position of GBPUSD at 1.5314, take profit 1.5540, stop loss 1.5210
----------------------------
Any contact: LH admin: admin@trackingforexsignals.com
Support: support@trackingforexsignals.com
Best Regard!
- -TrackingForexSignals.com--
Do the Right thing- Think the right way.