GBPUSD 15min LONG SETUP (short term FIBO based)
Cable looks to be in good shape enough to make another run to higher levels. FIBO suggests to make a deal as follows, similar to yesterday's Eurodollar setup
BUY LIMIT @ 1.5550
SL 1.5515/20
TP1 1.5597 - after hit, rest of position's stop loss then move to entry price
TP2 1.5670 - I know this one may not be reached any soon
BUY LIMIT @ 1.5550
SL 1.5515/20
TP1 1.5597 - after hit, rest of position's stop loss then move to entry price
TP2 1.5670 - I know this one may not be reached any soon