GBP/USD M15 – Breakout Alert
The GBP/USD pair on the 15-minute timeframe is showing a potential buying opportunity following the breakout of a consolidation pattern. This breakout indicates a possible shift in momentum to the upside, increasing the likelihood of continued bullish movement in the near term.
Trade Idea – Long Setup:
Entry: Consider entering around the trendline zone of the breakout pattern (approx. 1.32200–1.32300).
Target 1: 1.33214
Target 2: 1.33600
Stop Loss: Below recent structure low or Ichimoku cloud support.
This setup is backed by momentum indicators and breakout structure. Keep an eye on volume and price action near the entry zone for confirmation.
If you find this analysis helpful, please hit the like button and drop a comment to support!
Your engagement motivates me to keep sharing more setups and insights.
Best regards,
JAMES_GOLD_MASTER_MQL5
The GBP/USD pair on the 15-minute timeframe is showing a potential buying opportunity following the breakout of a consolidation pattern. This breakout indicates a possible shift in momentum to the upside, increasing the likelihood of continued bullish movement in the near term.
Trade Idea – Long Setup:
Entry: Consider entering around the trendline zone of the breakout pattern (approx. 1.32200–1.32300).
Target 1: 1.33214
Target 2: 1.33600
Stop Loss: Below recent structure low or Ichimoku cloud support.
This setup is backed by momentum indicators and breakout structure. Keep an eye on volume and price action near the entry zone for confirmation.
If you find this analysis helpful, please hit the like button and drop a comment to support!
Your engagement motivates me to keep sharing more setups and insights.
Best regards,
JAMES_GOLD_MASTER_MQL5
Trade active
chak now on my target
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.