Kumowizard
Long

GBPUSD - Cable to reverse bullish?

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
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There is really good chance that GBPUSD             is ahead of a trend reversal.

Weekly:
- last weeks HA canlde changed colour with both upper and lower wicks, indicated a possible reversal was ahead. This week's candle seems to confirm, green with no lower wick. haDelta and SMA3 are coming higher and the Oscillator switched to bullish as well.
- Break of bearish trendline is in focus

Daily:
- few days of hesitation seems to be followed by a bullish HA candle today. haDelta bullish cross above SMA3, the cross happens above zero line. Oscillator has been bullish for a while
- Ichimoku setup is not really bearish any more, as Price has been trading above Kijun Sen, there is a weak bullish Tenkan/Kijun cross and Chikou Span is about to make a weak bullish cross above Price candles too.
- For a longer term reversal first the trendline should be broken, then finally Price needs to clear 1,5400. Then we'll see a new bullish trend emerging above the Kumo.

I bought some today and looking to build more size strategic long both on further breakouts and on dips too later.
Yeap, i'm thinking the same. Looks like crysis recovery from USA has finally came to Europe.
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Sorry, I have some problems with loading charts today. That's why Weekly is missing Ichimoku cloud. I've been trying to fix and publish this GBPUSD idea for more than 40 minutes, so I decided to post it without Ichimoku rather than to post it later.
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