TradingView
MalikTrades_
Apr 18, 2023 5:21 PM

GBP/USD Trade Breakdown Long

British Pound/U.S. DollarFXCM

Description

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.
Comments
ProSignalsFx
Great Post bro!
MalikTrades_
@ProSignalsFx, Thank you!
makerup
Good analysis !
MalikTrades_
@makerup, Appreciate you🤝
More