swing buy on gbp/usd still ongoing
Updated
This pair has been on a downtrend for some while now by maintaining a daily trendline aswell as trading at the bottom of the weekly descending channel until we saw a break above the daily trendline and then retesting a previous lower high as a support. Now price has once again retested the support forming a double bottom and failed to break below it which could only mean it could start an upside movement to the most obvious resistance key level. I have about 4 confluence that helped me to confirm this trade setup. What do y'all think 🤔☺️
Comment
Over 200pips so far🤑🤑
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