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Kingelly18
Mar 22, 2024 7:28 AM

GBPUSD POTENTIAL BULLISH SCENARIO Long

British Pound/U.S. DollarFXCM

Description

Price confirmed a bullish scenario weeks ago, but we expected a retracement to a dailyy liquidity and then going up. And as of this moment the daily liquidity has been reached and we are now at the 4H liquidity at which if the current 4H candle closes above it will be a good confirmation to buy and hold for days. But what we are looking at right now is a reversal structure (Ending diagonal).

Comment

Let's wait for price to close in the channel.

Trade closed manually

Trade closed: stop reached

Comments
StewySongs
🙏🙏🙏
BuyNzd
it won't close in the channel, keep my words
ibrar550
no chance
BuyNzd
@ibrar550, sell now! best time! waterfall coming
Kingelly18
@BuyNzd, I respect your idea, but I am waiting for price to close back in the channel. If it doesn't it will retest the channel and continue going down. That's flexibility
ibrar550
@Kingelly18 definitely going down
BuyNzd
@ibrar550, yes, sell now
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