at the previous post , we have a bullish channel for GBP/USD ,,macd & rsi wrote: Thu Oct 11, 2018 7:05 pm
On the daily TF we have a bullish trend channel , a good retrace on 50C.L. RSI , a good divergence , 78% fibo , all of them say a bullish trend to 1.34.
But on H1 TF we have a sign of retrace , may be reach to 1.3120==61.8% fibo ,
If system will send a proper alarm on this area ( 1.3120) , buy GBP/USD , STOP @ 1.30 ,, TP @ 1.34 ,
I think we could have 1.37 for GBP/USD , until end of December .
now price is on the low side of the channel ,,
IF system trading has a proper buy alarm , so enter for buying .TP = 1.33 , 1.3450 , .....
STOP@1.3
