GBPUSD consolidation before any strong Break
Updated
I see price will come and test atleast one more time "Weekly/Daily support Zone" and possible bounce of trendline.
I think price needs little more fuel of consolidation before any strong break. Possible fakeouts!
If this scenario will respect my analysis we can catch nice waves.
I think price needs little more fuel of consolidation before any strong break. Possible fakeouts!
If this scenario will respect my analysis we can catch nice waves.
Note
Trade is still valid. A possible scenario is the price will come and test trendline or maybe break it and test/break 4h Zone.Still looking for price to come and make 1 more floor on Weekly/Daily Support Zone.
Note
News pushed price down strong. EP opened on 1.30280. We have better entry because of it. I'm monitoring the trade in our group. I see kind of "Fakeout" There is alot of news today. Lets see!Trade closed manually
After the News opened buy position on- 1.30280, we closed trade with good 28pips profit.
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