Get started
HashamARehman

Pound/Dollar has pulled back towards trend line and level 1.3337

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
HashamARehman Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Candlestick Analysis Support and Resistance pat priceaction patadmin HAR hashamarehman gbpusdpa
4
0
trendanalysis candlestick supportandresistance pat priceaction patadmin har hashamarehman gbpusdpa
Here we are on Pound/Dollar daily chart and we can see price is drifting higher formed new high and now market has pulled back towards trend line and horizontal support level 1.3337, We have clear bullish tailed bar (which is also acting as engulfing bar) false break horizontal support area. We will be getting long on this market as we have good confluence factors putting weight behind this trading scenario such as trend, horizontal level, trend line and dynamic support layer 20/10 ema's came just below it and tailed bar buy signal itself. good trading!
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.