GBPUSD BUY! IDEA (UPDATE)
Updated
Previously I mentioned that if the price manage to break the support zone , i will be looking for a short opportunity with TP at the bottom Trendline.
This is exactly what the market did ( with one visible retracement)
Analysis:
1. This tells us that the bottom Trendline is respected.
2. We will looking for a buy opportunity once a shift from a bearish to a bullish trend is visible
This is exactly what the market did ( with one visible retracement)
Analysis:
1. This tells us that the bottom Trendline is respected.
2. We will looking for a buy opportunity once a shift from a bearish to a bullish trend is visible
Note
Market has now reach our resistance zone!- waiting for a break and retracement
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