GOING LONG IN GBPUSD | Trading Strategy
Bullish Indications (BIASED: LONG)
1. Higher Highs and Lows
2. Tweezer Bottom is found on Green Support Line
3. Price gives significance of 0.236 fib level as well as Higher TF Support
4. GBP Index is Bullish & DXY is Bearish
5. The previous 3 December was bullish
6. Bullish Divergence on 1H and 2H TF
Bearish Indications
1. Break Trendline
2. Red candle is forming on 1M TF
1. Higher Highs and Lows
2. Tweezer Bottom is found on Green Support Line
3. Price gives significance of 0.236 fib level as well as Higher TF Support
4. GBP Index is Bullish & DXY is Bearish
5. The previous 3 December was bullish
6. Bullish Divergence on 1H and 2H TF
Bearish Indications
1. Break Trendline
2. Red candle is forming on 1M TF
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