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KKirito
Apr 14, 2021 6:18 AM

GBPUSD - looking at retracement buys.  

British Pound/US DollarSaxo

Description

Right now we have a break of the consolidation. The change in market structure will attract bullish energy. I will like to see how price tests the 50MA.
I feel like a move to the 1.38200 will be likely before a retrace.
I will be waiting for price to develop to get the best entry.


Remember... Patience is a virtue.
Ill be updating the idea as it progresses.

Comment

Price couldn't test the resistance correctly we now have a clear rejection. Set up invalid. We'll get them next time.
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