• Primary Trade Setup
    In case the pair goes back up to 61% the risk of taking a purchase is very low. In case the price closes below 61%, looking for a purchase is still possible but we must be careful since we would be entering the field of the last highs and that can also mean a change of structure, so it is better to divide the trade and take partial profits and protect operations. if you have the possibility to do it.
    I hope this is a flag correction.

    Secondary trade Setup
    If the price decides to lower enough, it is necessary to wait for a retest in the area below the last stops before looking for a sale. However a break and retest would indicate a very powerful structure break.


Note: in a past image I sent a sale in a higher area, the price did not reach the area, however if this trade is successful this is a very, very good area to find a sale, in my opinion.
ملاحظة
I just realized that if we draw an uptrend line it coincides with the 61% retracement. It's just an aggregate but you have to be vigilant.
تم فتح الصفقة
40 pips from the first entry.
ملاحظة
move sl to be.
ملاحظة
The price went up, I told them to move to Break even, at this moment we are watching the retest.
تم فتح الصفقة
109 Pips from the second entry.
618 Fibonacci RetracementBeyond Technical AnalysisGBPUSDgbpusdlongTrend AnalysisWave Analysis

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