Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPUSD has been overall bullish, trading inside the rising wedge in orange.
Moreover, it is approaching a structure marked in green.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the structure and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #GBPUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich