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GBPUSD - Observing a potential Long
British Pound / U.S. Dollar
Long
GBPUSD - Observing a potential Long
By Tr8dingN3rd
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Aug 5, 2015
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Context
major swing in this TF is broken, and price is trending up nicely.
Swings
two nice pivot swings reacting at the A/R sets
Price Action
looking for a BRK of the resistance/support line, then further above the A/R set (red downsloping)
if price can stabilize in one of this area, i would consider trying a long entry, at lest up to the black (U-MLH)
britishpound
GBP (British Pound)
USD (US Dollar)
Tr8dingN3rd
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