MalikTrades_

GBP/USD Trade Breakdown

Long
FX:GBPUSD   British Pound / U.S. Dollar
1H, 15min & 5min Bullish Market Structure. Price formed 15min Support with Engulfing candle on 15min Fib 0.382 retracement level. Daily, 4h and 1h candles flipped bullish. Above 1h Ema, both Pivot Levels and 5min Algo strong buy. Entry was taken after 15min Engulfing Candle Close targeting 15min Fib level 0.618 Extension.
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