GBP/USD. 1D. 5/1/2018
Brief Description of PA Context (1D)
1. Bull move
2. Large corrective structure
Support/Resistance
R1 = 1.42500 - 1.43500
S1 = 1.37250 - 1.37750
S2 = 1.35500 - 1.36000
Bias
Bullish above 1.35500
Trade ideas
Long @ S1, TP @ R1
Limit buy @ S2, TP @ S1 or R1
1. Bull move
2. Large corrective structure
Support/Resistance
R1 = 1.42500 - 1.43500
S1 = 1.37250 - 1.37750
S2 = 1.35500 - 1.36000
Bias
Bullish above 1.35500
Trade ideas
Long @ S1, TP @ R1
Limit buy @ S2, TP @ S1 or R1
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