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GBPUSD H1: BEST Level to BUY/HOLD TP +250/+500 pips (SWING) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect more gains after short-term pullback/correction
๐ธ Summary and potential trade setup ::: GBPUSD 1 hour/candle chart review ::: strong sequence of higher lows ::: noteworthy pullback in progress ::: BUY/HOLD any dips we are going UP ::: previously strong uptrend conditions ::: TP BULLS FINAL is 2500 +400 pips ::: strong bullish chart accumulation ::: expect measured move correction ::: 500 pips - measured correction previously ::: BULLS scoop up any dips TP 2500 +500 pips ::: SL = 75 pips TP1 +250 pips TP2 +500 pips ::: November/December strong period for GU ::: expecting more gains after correction mode ::: recommended strat: BUY pullback / buy dips ::: best RELOAD BULLS near 2000 ::: currently not the best spot to trade though ::: primary option: focus on buying dips / accumulation ::: bulls accumulate for TP at 2500 later this month ::: speculative bullish compression setup ::: BULLS will target re-test of 2050/2550 ::: DO your OWN DUE DILL ::: based on mid-term outlook ::: expecting more gains in GBPUSD ::: TP1 +250 TP2 +500 pips ::: good luck traders ๐ธ Supply/Demand Zones ::: 2000 fresh demand zone ::: 2500/2550 fresh supply zone ๐ธ Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/PULLBACK/2000 ::: Sentiment outlook mid-term: BULLS/2500
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