GBP/USD Trade Breakdown

9 במרץ 2023

Bullish 1H Market Structure, Trendline bounce, 1H Fibonacci Retracement . Price formed 30min Support between 1hr 0.618- 0.50 Fib zone and Above Daily Fibonacci Pivot Level . Above 5min Moving Average, breaking 5min counter trendline. Daily, 4H and 1H Candles flipped Bullish . Entry was taken targeting 1H Fib 0.27 Extension.