GBPPHP looking like a breakout
Updated
Hi guys,
The GBPPHP broke the daily downtrend. It is in a daily consolidation and could retest the lows before the big move up. Looks like if it breaks it could be a nice buy set up.
Thank you for your support.
The GBPPHP broke the daily downtrend. It is in a daily consolidation and could retest the lows before the big move up. Looks like if it breaks it could be a nice buy set up.
Thank you for your support.
Comment
Candle looks like it will close to highs of the day, engulfing the previous days candle. If so I expect a nice open on Monday where it will go to the highs.Comment
Price tested the lows of the range, the price then rallied off of minor support so I am expecting that price will either go higher out of the lows of the range and go above the open to offer a buying opportunity or breaks the minor support level and break down to the lows.Trade active
Great upside shown, expecting the move to continue. Well done to everybody with their own trading strategy who were able to trade this move.
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