GBPUSD Long Idea, Gann Based

Long trade idea based on the following:

48 trading days lower, within the Gann ‘Death Zone’ cycle of 49 trading days.
Full Moon
4/8th time pivot in the Law of Vibration cycle.
Price support against the Gann Square of 9 angle at 1.2710, a shared value area wit the 1/8th major harmonic just below at 1.2682.
Mirrored Foldback pattern indicating a fast and swift resumption higher.
Historical lows in the Composite Index.
Shared oversold structure in the RSI and Composite Index.

Zlecenie aktywne:

Added 2 Lots at 1.2657

Zlecenie aktywne:

Added 2 more at 1.2602

Zlecenie aktywne:

added 5 at 1.2614

Zlecenie aktywne:

Still active - prepping for bounce.

Zlecenie aktywne:

Still holding and active - it's July 3rd, an important Gann date where moves culminate and trends terminate between July 3rd and July 7th.

Zlecenie aktywne:

added 2 lots at 1.2444

Zlecenie aktywne:

Sold 1/2 of the positions today, will sell another quarter at 1.3298

Transakcja zamknięta: osiągnięto wyznaczony cel:

Closed 1/4 at 1.3298, remainder of the position sold 1.3490. All profit. Good year for the Pound trade.