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Eric_Cee

GbpUsd Long position confluence Trades

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Eric_Cee Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Forex confluencetrading tradingcoach
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trendanalysis forex confluencetrading tradingcoach
Strong weekly Bullish candle from the previous week. Broke Monthly 1.300 Level. Daily retest of key level. trading above 200 EMA (4hr). Currently retesting structure. I see a few wicks indicating weakness respecting 20 EMA (1hr). Need a reversal signal 30 min , 15 min, looking for entry at last resistance which is now support. Lines up with our Fib Level. Split Lot size if we have a small draw down to next Fib, we will Re enter.
Trade active:
1 Hr closed bullish . Entered on that close. Respected EMA 20 in lower time frame. Trade Active
Stop Loss 1.3090
Tp1: 1.31615 / Tp2 : 1.3180 / Tp3: 1.32075
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