GBPUSD possible setups
Price is Trending up, and the bias is still bullish. If price breaks above structure, buys continue, if price breaks the trend line and the previous higher low structure, we can expect a reversal trend to start off the double top.
* Break and retest with rejection confluence (wicks and engulfing candles) required off both structures.
Similar opportunities on:
- AUDUSD between 0.73268 and 0.72948
- EURAUD between 1.58436 and 1.57871
- EURUSD between 1.15735 and 1.15469
- EURGBP between 0.84968 and 0.84779
Waiting for 4H to close above these levels then a retest back to key levels with a 1H rejection consisting of wicks and engulfing candles.
Hope everyone has a good week.
* Break and retest with rejection confluence (wicks and engulfing candles) required off both structures.
Similar opportunities on:
- AUDUSD between 0.73268 and 0.72948
- EURAUD between 1.58436 and 1.57871
- EURUSD between 1.15735 and 1.15469
- EURGBP between 0.84968 and 0.84779
Waiting for 4H to close above these levels then a retest back to key levels with a 1H rejection consisting of wicks and engulfing candles.
Hope everyone has a good week.
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