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tarati.lorenzo

GBPUSD - Potential Buy

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
tarati.lorenzo  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
"Trade Idea with LT"

  • Price Action: From 24/02/21 to 12/04/01 price has been moving correctively. From 12/04/21 to 19/04/21 price has been bullishly strong.
  • Technical: Price broke the yellow trend line and made an impulsive wave up from 12/04/21 to 19/04/21. Potential inverse head and shoulder forming for a buy set up. Waiting on a ABC corrective move to complete.
  • Fundamental: US dollar is still weak according to DXY chart.
  • Entry:on you

Good Luck
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