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GBP/USD Fibonacci Show Out

GBP/USD 1h chart setup
GBP/USD has been showing out a perfect Fibonacci pattern.
Could it break through the 61.8% barrier & eventually hit the 100% retracement level?
"Fibonacci is mostly self-prophecy of traders, & it happens mostly in most traded currency."
SETUP suggestion:

Long @ 1.312 >> 50% retracement level
SL @ 1.308 >> 50% level unable to hold & leave some space for fake breakout
TP @ 1.33 >> 100% retracement level

Trade at your own risk.
Sorry for bad English & I wish you good luck.
K…
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FXRabbit avatar
FXRabbit 23 Ago

Are you banned from chatting ?

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kyleky 23 Ago

No. I'm still able o chat.

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EURUSD & Winner attitude

Life has ups & downs, so does trading, no matter its Fx or any other instruments.
How to become a successful trader? I was deeply inspired by a famous trader, Ed Seykota (The trading tribe), once said, " Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money."
Think like a winner, know that you deserve to win & deserve to live a good life, or else, you will still get what you think you deserves otherwise.
EURUSD 4H CHART SETUP
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FXRabbit 15 Ago

Yes, the days are near for the US Dollar to lose its value.

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EURUSD

My trading idea for EURUSD
SELL @ reversal if the down trend channel is still intact.
TP: 1.110
SL: 1.120
RR Ratio:1:1 (not as good but acceptable)
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Hi to everyone

Hi dear traders,
It has been some good days in the contest, ups and downs has occurred.
Still still used to the jplatform especially the chart by Dukascopy (as i were actively trading with mt4), that's why do many of unconditioned trade closing (lol'ed).
I'm looking forward a further downtrend on all GBP n EUR pairs next week.
Happy trading guys.
Rgds,
Kyle the average traders.
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