DislikedGBPUSD New setup. I am looking to buy this pair at 1.6180, .786 Ret Daily chart + Weekly S1 + Daily S2 for a move to 1.67 area and Monthly Pivot, by that time it will be new Monthly pivot. This is ABCD and could even become a Bfly Sell slightly higher. If prices breaks .786 Ret I will be out and wait for 50% Ret Monthly + yearly pivot. {image}Ignored
Very accurate entry if you take into account we are talking about Daily chart. From here I will check 4 hour + daily candles to asses progress. More longs will be added on pullbacks at Fib levels + pivots. If price comes back down and takes out the lows I will be out for a loss of 15/20 Pips, if it works we will be looking at 400 Pips at least.
Fibonacci will make you rich