Kumowizard

GBPUSD - Re-enter long at Kijun support

Long
FX:GBPUSD   Livre sterling / Dollar américain
3
As I wrote on Twitter already yesterday, price action may turn bullish again.

- Ichimoku setup is still bullish, Price reached Kijun support.
- Heikin Ashi gives first early signal of possible next bullish wave: inside bar (still red though), haDelta/SMA3 cross. Look for more confirmation in form of doji-like or green HA candle and haDelta/SMA3 cross back above zero line.
- If the next move (5th bullish wave) starts, possible measured tgt could well be ard 1,60-1,62
- Buy 0,5-1 Trade Unit now, increase position with further bullish signals


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