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EddieShin

GBPUSD LONG SETUP

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
EddieShin Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD gbpusdlong gbpusdlongsetup longsetup support
5
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gbpusd gbpusdlong gbpusdlongsetup longsetup support
ENTRY: Potential long setup around 1.24 if I see bullish PA inside the zone

The market is inside a wide range of 1.20 ~ 1.28 in daily chart.

If the market breaks below 1.24, I negate the long idea.

STOP: below the zone

TARGET: 1.28
Comment:
About to test the key level zone that I have identified

I don't want to go long immediately after the market tests the zone.

I want to analyze price action inside the zone first (basically wait for bullish sentiment) then take a pull back long entry.

Never guess the level always trade with price action
Comment:
The pair first bounced off from 1.24 level as I expected.
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