British Pound / U.S. Dollar
Long
Updated

GBPUSD ( BULLISH ) ( 4H )

219
GBPUSD

HELLO TRADERS

  • TENDENCY : the price stabilizing above turning level , indicates is under bullish pressure .

  • TURNING LEVEL : the price around 1.294 .

  • PRICE MOVEMENT : the price in previously it can be a strong rising and created a new historical peaks , currently price 1.296 , as long as the price stabilizing above turning level reach a resistance level my goal 1.298 , 1.303

  • PRICE ACTION :

  • LONG CONDITION : until the price trading above this level reach a resistance level at 1.298 , then stable this level created a new resistance level at 1.303 .

  • SHORT CONDITION : if the price breaking turning level at 1.294 , reach a support level at 1.290 , then breaking this level reach a next support at 1.285

TARGET LEVEL :
  • RESISTANCE LEVEL : 1.298 , 1.303 ( new resistance level ) .
  • SUPPORT LEVEL : 1.290 , 1.285 .
Trade active
snapshot
reach a target , know retest resistance level at 1.298 , before rising

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