GBPUSD H4 LONG - BAT

An excellent opportunity offered by Cable. Sterling continues to be trading within a Daily trangle since the Brexit move. Previous Gartley ended profitably for this pair, hopefully this is another nice one :)

PRZ is a nice area, with trendline support.
TBar printed.
H1 RSI oversold and retraced.
Price reaction confirmed.
Good R2R.
Enter long market Monday morning.

Transaction en cours:

Stops to breakeven.

Trade fermée: ordre d’arrêt atteint:

Stopped out for breakeven.

Commentaire:

A possible Type II opportunity coming up.
Waiting for RSI to go oversold at least on H1.