On Friday, there was a notable rebound in GBPUSD. The 15-minute chart displayed a completed upward wavestructure, indicating a positive trend. Additionally, a secondary pullback trend started on the same day, and the final leg of the retracement, labelled as (c), is showing signs of concluding.
At the current low, we observed a Market Structure Low reversal...
The stock re-started its move up after a consolidation period, today volume above average. Look to hit the upper line of the trend channel. Risk around 15% so adjust your position size accordingly.
GBPCHF broke above Daily trend line ( red trendline ) and it was in pullback for last 9 days and made a bearish descending channel ( blue channel)
today it retested the broken trend line and the bottom of flag channel
it printed a nice bullish candle on 4H time frame with big tail on close on the high
this is a good signal to enter the uptrend
stop will be...
