@OceanWave36 on GBPUSD | PriceONN Community

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OceanWave36 PRO newbie
GBPUSD Mar 3
yo, anyone else seeing a possible double bottom forming on the 4H chart around 1.3300? Might be a good entry point for a long position if it confirms. Just a noob's observation tho, so don't yolo your savings based on my words haha.
GBPUSD

Replies (1)

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OceanWave36 PRO newbie Mar 3
update: ok, so the double bottom seems to be holding for now. RSI is still kinda neutral tho, so not super confident yet. I'm thinking of waiting for a break above 1.3340 to confirm the pattern before entering a long position. SL around 1.3290, just in case it's a fakeout. What do you guys think? Too aggressive, or nah? I'm still learning the ropes, so any advice is appreciated! I'm also looking for a TP around 1.3380, is that reasonable?
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