GBPUSD POTENTIAL PENNANT BREAKOUT
Pair: GBPUSD
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, pullback
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Key Takeaway: Breached a very strong level of support toward the end of last week, we saw price pull straight back off it upward, we are looking for potential pullback before potential breaks of these levels of support
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Level needed: need a close by 1.10530
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Trade: Short
RISK:REWARD 1:5
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H, 1H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, pullback
—————
Key Takeaway: Breached a very strong level of support toward the end of last week, we saw price pull straight back off it upward, we are looking for potential pullback before potential breaks of these levels of support
—————
Level needed: need a close by 1.10530
—————
Trade: Short
RISK:REWARD 1:5
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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