GBP (Buy Limit) NORTH
Based on price action analysis, PIN BAR REVERSAL has formed on 4H chart, showing the strong level support @ price 1.6670, also that price level was strong resistance on beginning of the April.
This level was tested and retrieved on that support level forming pin bar reversal. Testing again would be a confirmation of the level, and market reacting North.
Placing BUY LIMIT @ 1.6690; SL @ 1.6640 and TP @ 1.6814
If price hits the forecasted buy limit order, GBP will go north,
All the best,
Have a great trading week,
V.
This level was tested and retrieved on that support level forming pin bar reversal. Testing again would be a confirmation of the level, and market reacting North.
Placing BUY LIMIT @ 1.6690; SL @ 1.6640 and TP @ 1.6814
If price hits the forecasted buy limit order, GBP will go north,
All the best,
Have a great trading week,
V.
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.