MalikTrades_

GBP/USD Trade Breakdown

Long
FX:GBPUSD   British Pound / U.S. Dollar
4h & 1H Bullish Market Structure. 15min Bearish Market Structure, price was failing to break 15min Lower Low by showing multiple wicks to the downside signaling bullish pressure on 1h Fib 0.382 Retracement Level . 1H and daily candle were bullish. Above daily pivot level aswell as 1h and 5m Moving averages. Entry taken after 15min support candle close targeting 1:1 RR due to low market volatility/time of day.
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