Please Support this Idea with LIKE if it is Useful....
GBPUSD
The price is moving in a narrowing structure & it is also close to resistance structure, if price makes a confirmed breakout of the descending trendline then after a pullback if price holds the support then I expect the price to continue to grow..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
GBPUSD
The price is moving in a narrowing structure & it is also close to resistance structure, if price makes a confirmed breakout of the descending trendline then after a pullback if price holds the support then I expect the price to continue to grow..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
