GBP/USD
We can see a Double Bottom from the key area of 1.30 (14th march - 14th April 2022) which has changed my bias to long.
Confluences
1. Bullish Momentum candle (13th April 2022)
2. Bullish Momentum broken the trend line
3. Bullish Momentum broken the Key Level 1.305
3. 14th and 15th April 2022 we can see the retest of the trendline
4. 14th and 15th April 2022 we can see the retest of the Key Area 1.305
5. 14th and 15th April 2022 testing of the 61.8 Fib Level
6. Bullish entry confirmation on the lower timeframes
7. -27 Extension level lines up with the key area 1.32
We can see a Double Bottom from the key area of 1.30 (14th march - 14th April 2022) which has changed my bias to long.
Confluences
1. Bullish Momentum candle (13th April 2022)
2. Bullish Momentum broken the trend line
3. Bullish Momentum broken the Key Level 1.305
3. 14th and 15th April 2022 we can see the retest of the trendline
4. 14th and 15th April 2022 we can see the retest of the Key Area 1.305
5. 14th and 15th April 2022 testing of the 61.8 Fib Level
6. Bullish entry confirmation on the lower timeframes
7. -27 Extension level lines up with the key area 1.32