GBPUSD POTENTIAL LONG OPPORTUNITY

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Hello Everyone!

How are you all?

GbpUsd is a pair to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on.

So, I will be looking for a bullish continuation because of the following reasons:

1. The overall trend is bullish

2. The price has formed a continuation structure.

3. The price is approaching the value area.

Game Plan:

If the price comes to the VA, and rejects at that level or sweeps the Low, and makes a bullish impulse followed by a 15mins flag with two highs and lows.

Entry : will look for a risk long entry within the flag or a reduced risk entry on the breakout of the flag.


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