FX:GBPUSD   Paun British / Dolar A.S.
GBPUSD LONG
There are 3 confluences for this
Price is forming that W pattern for a long
we are only advised to enter after we see bullish reversal pattern
please dont forget to apply risk management

Also the fibonacci retracement tool which can also indicate a buy when price get gets to the 100% zone that shows an exhaustion in sells ,
This can also be referred to as double bottom
After all these confluences are confirmed
Traders can enter for a long
TRADE MY SETUP AT YOUR OWN RISK

THANK YOU FROM THE POWER FX TEAM
Penafian

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