GBPUSD PULLBACK ENTRY FOR LONG
Price broke downtrend, but still trapped in a trading range (top red and bottom green). Right now is a good entry for long if you wish to enter before news this week. Target is red box, if break then may buy again. (:
Note
Nice shoot up!Note
Price failed to sustain levels above red downtrend line. At current price, yesterday's daily candle shows a hammer. I have opened few longs with stops around 1.287Note
Locking some of profits at TR target markedNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.