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GBPUSD Quasimodo

by Paul S, August 8, 2021

GBP/USD D1 Price action

by Paul Steltenpool August 8, 2021

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GBP/USD

|

Long

|

D1

Timeframe:

D1

Analysis Method:

Price action

Analysis:

GBPUSD appears to be forming a Quasimodo pattern

Trade Plan:

But pull back to demand area around 1.3830 area
Stoploss below last swing low around 1.3760

Risk Management:

.5%

Things To Watch For:

continued USD strenght

LEAVE YOUR COMMENT HERE:

View previous comments

  1. thank you, i nearly missed the quasi. im patiently waiting for price to test and close above the left shoulder, thats my entry point.

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