RaynLim

Market Stands Firm on Support!

Long
FX:GBPUSD   British Pound / U.S. Dollar
📊 Weekly Chart: Long shadow at support, prior resistance.
📈 Daily Chart: ABCD pattern, respecting support.
🕓 Four Hour Chart: Counter-trend trade possibility.
⏳ One Hour Chart: Bullish bat pattern, wait for confirmation.

🌟 Weekly Chart Insight:
- Market stands still in buy zone.
- Different from Eurodollar.

📊 Daily Chart:
- ABCD pattern, support respected.
- Previous trade resulted in 219 pips gain.

💡 Trading Opportunities:
- Confirmation of support for a buy.
- Counter-trend trade in the sell zone.

🦇 One Hour Chart:
- Bullish bat pattern.
- Wait for consolidation or double bottom.
- Use RSI Divergence for confirmation.

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