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RaynLim
Jul 9, 2023 5:27 PM

Buying Opportunity Long

British Pound/U.S. DollarFXCM

Description

📈 My bias is strongly inclined towards buying GBPUSD. Currently, I'm eagerly anticipating the formation of an Ascending Triangle trading setup.

🔍 There are two possible scenarios to consider:
1️⃣ Waiting for a retest back to the trendline for a prime buying opportunity.
2️⃣ Observing a violation of the red line at 1.2853, followed by a retest, before entering a trade.

Stay tuned as we closely monitor the market for the ideal buying entry. Don't miss out on this potential opportunity for profitable trades! 💰💼

#GBPUSD #AscendingTriangle #TradingSetup #BuyingOpportunity #StayTuned
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