GBPUSD Is It Time To Look For Buys ?
Hello everyone:
Also on my watch for remaining of the week is GBPUSD.
From previous bearish setups, price implosively push down aggressively,
After hitting a higher time frame swing lows, there signs of bearish momentum slowing down.
A potential double bottoms on the higher time frame, with a falling wedge bulllish reversal, that leads to a LTF impulse phase.
These are all good indication of the bullish price action in the making.
Lastly we see a possible bullish continuation correction formed, possible inverse H and S pattern.
Wait for price to impulse out, and smaller continuation corrections to confirm and validate the buy potential.
Thank you
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