by Sue D, January 19, 2023
by Sue January 19, 2023
GBP/USD
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Long
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H1
H1
technicals
1 hr chart, cup and handle formation, pullback to the 50% fibonacci level for the handle and breakout to the upside
buy on the pullback level, stop loss at 68.2 fib, target 1.244 area
use proper risk management
double top possibly forming around 1.243 area
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price kept on grinding upwards, instead of pulling back (could hit a double top now)