GBPUSD long from support+bullish trendline.
Different scenarios depiction.
Two trendlines keep the price to form HL and HH. The pair is bullish in general due to bounce back up from recnt multiyear lows in conjuction with weaker dollar.
Price breakout last week is awaiting for support. It may back straight up and correct later but anyhow the general point remains the same.
The supply zone is there waiting for sell orders but that's for later.
Different scenarios depiction.
Two trendlines keep the price to form HL and HH. The pair is bullish in general due to bounce back up from recnt multiyear lows in conjuction with weaker dollar.
Price breakout last week is awaiting for support. It may back straight up and correct later but anyhow the general point remains the same.
The supply zone is there waiting for sell orders but that's for later.
Trade active
Trade closed: target reached:
Almost TP2 reached - two positions over 400 pips in profit.