FX:GBPUSD   British Pound / U.S. Dollar
Top Down Analysis:
- Monthly: The pair has been in an uptrend since the start of 2017;
- Weekly: Last Weekly candlestick broke above previous resistance, bullish activity expected for the coming week;
- Daily: Break of Bearish Trend Line of 25/01, 01/02, 26/03 highs. Although we broke above, Friday printed a Bearish Pin Bar ;
- 4 Hour: First candle of market open completely engulfed last Friday's closing candle, near a important S/R zone.

Confluences:
-GBP shows seasonal strength on April for the past 10 years;
-Monthly uptrend;
-Break of Weekly Resistance;
-Break of important Bearish Trend Line on the Daily time frame;
-Bullish Engulfing showing rejection of 1.424 level which was resistance on 26/03 highs;

Entry Trigger:
-Bullish Engulfing .

Stop Loss Placement:
-3 PIPs below trigger candle's low

Target Profit:
-25/01 Swing High.

Trade Management:
- Set and Forget.
______________________________________________________________________________

RESULT: TP HIT
Comment: +1.9R
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