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InkyGrip
Apr 25, 2023 6:39 AM

GBPUSD for a higher high 🦐 

British Pound/U.S. DollarFXCM

Description

GBPUSD on the 4h chart after the previous idea reached the 1.25 area.
The market created a series of higher high higher low and is now trading below a 4h resistance.

How can i approach this scenario?

If the price will retest the daily support after the retracement we can monitor the price for an inversion to continue the uptrend.
Consequently we set a nice long order according to the Plancton's strategy rules.
Comments
WalterMoon
I am totally agree with your analytics
InkyGrip
@WalterMoon, excellent
Lingrid
Amazing work
InkyGrip
@Lingrid, cheers dear
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