Clear bullish momentum with the GBP, with price action currently signaling a bearish divergence for a possible pullback to support zone. Expecting the correction to reach and test the rising trendline for further uptrend continuation.
Tonight the FOMC could bring this pullback deep enough to trigger the buy limit order. In the higher timeframes, the uptrend bias is also recognized.
Price in a pullback.
The order:
Type: buy-limit:
S/L: 50 pips - R:R | 1:5 -
T/P: aiming at the resistance level
Tonight the FOMC could bring this pullback deep enough to trigger the buy limit order. In the higher timeframes, the uptrend bias is also recognized.
Price in a pullback.
The order:
Type: buy-limit:
S/L: 50 pips - R:R | 1:5 -
T/P: aiming at the resistance level
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.