Reasons to buy GBP:
1. We have a breakout and test of D1 trendline!
2. The same level metches with horizontal support line, built on candles from 27 and 28.08.2019.
3. The horizontal support line metches with 50% Fibo.
4. On a Daily chart we see 2 pin bars, from 01 and 02.10.2019.
To be sure, we have to wait until the price breakout H4 resistance line and test it.
But always keep on mind: Do not mess with the cable! :)
1. We have a breakout and test of D1 trendline!
2. The same level metches with horizontal support line, built on candles from 27 and 28.08.2019.
3. The horizontal support line metches with 50% Fibo.
4. On a Daily chart we see 2 pin bars, from 01 and 02.10.2019.
To be sure, we have to wait until the price breakout H4 resistance line and test it.
But always keep on mind: Do not mess with the cable! :)
Trade closed manually
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.