Hi everyone!
GBPUSD been showing bullish sentiment last week, with retest of the 200 EMA & certain Trend Lines (1H, 4H and Daily) giving further buy entry opportunities.
I am looking on going long on gbpusd for a short term, taking in notice the upcoming events from the economic calendar.
Entry would be in this case on the retest of 1H/4H trend lines & S/R Levels!
Entry confirmation will follow of course after the market open, but betting on 61.8 Fib and S/R Levels.
Clear formation of Double Top/Inverse H&S pattern, after clearing the previous high and retesting the level would move the SL just bellow, to lock some pips.
Daily confirmation of further bullish bias.
GBPUSD been showing bullish sentiment last week, with retest of the 200 EMA & certain Trend Lines (1H, 4H and Daily) giving further buy entry opportunities.
I am looking on going long on gbpusd for a short term, taking in notice the upcoming events from the economic calendar.
Entry would be in this case on the retest of 1H/4H trend lines & S/R Levels!
Entry confirmation will follow of course after the market open, but betting on 61.8 Fib and S/R Levels.
Clear formation of Double Top/Inverse H&S pattern, after clearing the previous high and retesting the level would move the SL just bellow, to lock some pips.
Daily confirmation of further bullish bias.
