GBPUSD LONG
Hope you all are having a great weekend.
The pound pairs have recently been spiralling down with no stop in sight. However, this pair seems to have finally found a support and come to a halt.
A breakout of the 4 hour trend line has taken place but I would be cautious as it could be a fake out.
Having said this, I will be adding longs if it retests off my trend line or if it does come back down to my buy zone - upon confirmation (price action).
Trade safe and good luck!
The pound pairs have recently been spiralling down with no stop in sight. However, this pair seems to have finally found a support and come to a halt.
A breakout of the 4 hour trend line has taken place but I would be cautious as it could be a fake out.
Having said this, I will be adding longs if it retests off my trend line or if it does come back down to my buy zone - upon confirmation (price action).
Trade safe and good luck!
Note
Retest and potential bounce now.Note
We've come back to the buy zone to create a potential double bottom. Long positions added.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.