GBP/USD Buy Plan: 05/21/2018

The GBP/USD had a correction from 1.4300 which I made a big profit from it.

Right now, the price is at possible temporary support of uptrend since October 2016.

I decide to buy GBP this time because of some reasons:
- Price is at trendline which is possible support.
- Price is still near Moving Average 50 so the pairs is still bullish.
- Possible support at Fibonacci 38.2.
- RSI indicators show oversold.

The good entry price is around 1.3400, and the stop is 1.2900 for thing goes bad. The profit is previous top which is 1.4000 or 1.4300 if possible.


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