darian_fx

GBPUSD: Possible Long Setup

Viés de alta
darian_fx Atualizado   
FX:GBPUSD   Libra Esterlina/Dólar Americano
Welcome traders to another trading analysis on the GBPUSD pair.

We are looking at the 4h timeframe and we saw GBPSUD on a nice down trend the last weeks. Looking at price now, we can see that there is something forming like a bottom right now.
Price did already a nice divergence on the low and broke out of that structure.

Another confirmation is that price broke already the bearish trend line.

I do not want to enter the trade for now, because i want price to be a little bit more deeper than it is from now.
My possible entry zone is the yellow box, which also indicates the fibonacci levels. I will keep you guys updated if price reaches this zone and when im entering the trade.

Wishing everyone of you guys a successful trading and a great weekend!
Trade ativo:
Price touched nearly the entry zone.
Aviso legal

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