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VasilyTrader
Jan 28, 2022 7:08 AM

GBPUSD: Oversold Market & Potential Pullback πŸ‡¬πŸ‡§πŸ‡ΊπŸ‡ΈΒ Long

GBP/USDOANDA

Description

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Hey traders,

GBPUSD looks quite oversold.
The pair dropped to a key level.

To catch a pullback from that your confirmation will be a bullish breakout
of a neckline of a head and shoulders pattern on 1H time frame.
Wait for an hourly candle close above 1.34 - 1.3414 area as a trigger.
Then buy aggressively or on a retest.

Goals:
1.3463
1.349

In case the price breaks un underlined yellow level to the downside on a daily the setup will be invalid.

❀️Please, support this idea with like and comment!❀️
Comments
MMBTtrader
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gbpusd strong support zones here
VasilyTrader
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@MMBTtrader, thank you for comment bro)))
JoeChampion
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Good work, thank you!
JustTradeSignals
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Good gains
VasilyTrader
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@JustTradeSignals, good outlook!
Hafiz641
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sell, only sell
VasilyTrader
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@Hafiz641, thank you for comment!
Solldy
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Thanks for sharing
VasilyTrader
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@Solldy, you are welcome buddy)))
Hasan_Trading
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thank you. i am also looking to buy, either at 1.1335 rejection or a retest of broken 1.3420
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