Tr8dingN3rd

GBPUSD - Observing a potential Long

Long
FX:GBPUSD   British Pound / U.S. Dollar
Context
  • major swing in this TF is broken, and price is trending up nicely.

Swings
  • two nice pivot swings reacting at the A/R sets

Price Action
  • looking for a BRK of the resistance/support line, then further above the A/R set (red downsloping)
  • if price can stabilize in one of this area, i would consider trying a long entry, at lest up to the black (U-MLH)

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