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jcmoneyman
May 23, 2023 1:24 AM

GU Long or Short 

British Pound/U.S. DollarFXCM

Description

D: Uptrend, respecting the lows
4H: Dowtrend, price retraced 38.2%, but broke above and retested trendlinne for the buy + RSI is bullish
1H: Dowtrend, price broke above and retested trendlinne for the buy + RSI is bullish

CURRENTLY: I'm looking for price to break AND retest minor trendline to see if price will go long to previous support/resistance zone @ -61.8 or go short to -61.8 on minor FIB @ 4h trendline

~50 pips
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