GBPUSD Sideway to short term long
Current situation on my view: Short term bearish trend ended, bullish trend may continue.
Here's the plan: buy now with a bullish signal (bullish engulfment) of wait for breakout upper resistant zone, consider short when break trendlines or the redzone.
Here's the plan: buy now with a bullish signal (bullish engulfment) of wait for breakout upper resistant zone, consider short when break trendlines or the redzone.
Note
Breakout trendline, longterm downtrend may continue, wait for pull back to enter tradeTrade closed: stop reached
Traped
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