MalikTrades_

GBP/USD Trade Breakdown

Long
FX:GBPUSD   British Pound / U.S. Dollar
4h & 1h Bullish Market Structure. Price is above the daily / weekly pivot levels, 1H & 5min Moving averages, aswell as the 4h and 1h candles flipped Bullish. Initially 15min structure was bearish, but price formed 30min Support with Engulfing Candle breaking15min structure signaling for entry. 1st Target was 1:1 RR, stop loss to breakeven with intention to trail stops to overall target Mid Level 1.25500.
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