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GBPUSD Buys

Por randyspringle
GU showed powerful signs of reversal at 1.22560 area. Double Bottom with higher low (78.55% success rate) followed by a huge bullish move confirmed a trend reversal. Then, waiting for An ABC higher high and higher low to further confirm a start of an uptrend. Now looking for buys on a break and retest with fibonnaci confluence and EMA confluence as well. Top down analysis confluence from the Daily, 4hr and 2hr confirms this move as well. High Probability setup with good Risk Management.
ABCcablelongChart PatternsDouble BottomGBPUSDTechnical IndicatorsreversalTechnical AnalysisTrend Analysisuptrend
randyspringle

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