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haydenk92
May 20, 2023 10:27 PM

Gbp/Usd Bullish Trend Reversal ( Medium Risk ) Long

British Pound/U.S. DollarFXCM

Description

Gbp/Usd Is On An Overall Uptrend But For The Past 10 Days We Have Been In A Bearish Channel.


1.24300 Seems To Be The Support Of An Inwards Head & Shoulders In The 4H/1D For Bullish momentum.

We Are Either At A Pullback Area Or A Push On Through To The Bottom Of The Channel. ( Be Cautious )

Push Through Support Would Make And Invalid Trade, A Rejection At Demand Would push Me Towards Buys..

Be Safe

HK
Comments
EricNyamu
facts
haydenk92
@EricNyamu, Preach Brother! Let It Play Out To See If It's Invalid First.. If Rejects Go Long For 7 Days And Wait For the Retest
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