GBPUSD 07.040.2020 (BEASRISH)
Main Fibo Structure tested level 23.60% for Bullish Structure 3 times, and it hasn't managed to get to the upside. Our price its currently testing the lower range of the consolidation broken last week, and it coincides with the 61.8% level on the secondary fibo structure.
With this given, we can see in 1H chart that we expected for a SHS on level 61.8% (1H Fibo) in order to make an accurate entry.
Now we are expecting TP on Main Fibo level 38.2% where we could find some Daily Bullish reaction.
With this given, we can see in 1H chart that we expected for a SHS on level 61.8% (1H Fibo) in order to make an accurate entry.
Now we are expecting TP on Main Fibo level 38.2% where we could find some Daily Bullish reaction.
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