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Lm7ee
Mar 10, 2019 6:48 AM

GBPUSD LONG TRENDLINE SETUP Long

British Pound/U.S. DollarFXCM

Description

GBP/USD BUY SETUP. PRICE IS FINDING SUPPORT ON THE UPTREND AND MONTHLY SUPPORT.
THESE ARE THE CONFIRMATIONS I'M WAITING FOR.
-CANDLE TO FINISH OUTSIDE THE SMALLER COUNTER DOWNTREND.
-IF IT CONTINUES TO BREAK THE UPTREND I'D BE LOOKING FOR A BREAK-RETEST ON THE DOWNTREND.

Trade active

+73 pips, let's see if it breaks the downtrend and continues momentum to the upside.

Trade closed: target reached

1st entry: + 270-300 pips
2nd entry: + 200-250 pips
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