GBPUSD Potential Setup - Waiting for confirmation

há 5 dias

Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal

1. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715
On the Daily chart also note FVG between 1.2680- 1.2712

2. Trend Confirmation:
Price has break consolidation support at 1.2715.
Price has now rising back to Daily FVG area.

3. Position:
Entry: Waiting Confirmation
Stop Loss : 1.2720
Take Profit: 1.2500 (fibo 161.8)
RRR : 1:10x

Note: Still waiting for entry confirmation.

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Disclaimer

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