Still pushing up after the breakout of H1 trendline. Let's see what the price going to do after reaching the h4 trendline. We are now look for buy opportunity at lower timeframe this monday.
Position : BUY
GBPUSD pushing upward last whole week, completing the Bullish Flag pattern, before making trade let wait the price for the next move:
• If the Bullish Flag Breaks, we will wait for buying signal at lower time frame. Next Target High: 1.3200
• Possible if bullish flag pattern still holding, we are going to see a down movement and bounce again at 1.2740. Wait...
After the price reached the 1.3000 GBPUSD is created a Bulllish Flag. But Last week the BF breaks and now retesting the trendline before going Up to reach 1.3200 or the weekly trendline.
In this setup wait for possible entry at lower time frame h1 or 15m.
Good short trade from our last week post to reach 132.200 support level.
Buy if price break 133.20 level.
Watch out this pair this week.
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