transparent-fx
Long

GBP/USD MULTI-TIMEFRAME ANALYSIS

FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Hello Traders, if you have any question on this analysis let me know in the comment section
Perfect, as always !
GBPUSD is ready now to test EMA 50 ( Daily Chart ) around 1.2357 .
Enough space for Intraday trading, and potential Reversal trade.
The previous bottom at 1.2383 is also a resistance.
Reply
I’ll take the risk on that neck line now support.

Well if I get a deep wick that forms a green

Hammer. Then is engulfed by the following

Candle.

I really like your education and time you

Put into sharing your thoughts.

Trade well
Reply
indeed..
Reply
@AntiqueMann, thanks for the support
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What are the other conditions you need to satisfy so that you can enter the trade?
+3 Reply
@Real_FX, that is part of my strategy, and my strategy and trading plan is teached in the mentorship program
+1 Reply
maybe we can also retest this zone? 0.618 & prior resistance with trendline confluence
Reply
@PabloHarvey, yes a low test candle to that region is absolutely a possible option
+1 Reply
richard4041 PabloHarvey
@PabloHarvey, possible buy the 50% looks good also, been the pervious resistance whicj might now turn to support
Reply
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