reversal entries
All Yellow levels are potential pull back areas.
YL1 is straight ideal pull back reversal for continuing current uptrend.
YL2 is second retest level
YL3 is another restest but break below might mean new downtrend.
unlikely since GBP doing well in fundenmental anaylsis.
Both blue levels are previous levels of support which might act as bonuce levels to enter long positions.
always drop down to 15m time frame to look for signal to enter early or look for two candles on 1h time frame to enter.
looking for long positions.
YL1 is straight ideal pull back reversal for continuing current uptrend.
YL2 is second retest level
YL3 is another restest but break below might mean new downtrend.
unlikely since GBP doing well in fundenmental anaylsis.
Both blue levels are previous levels of support which might act as bonuce levels to enter long positions.
always drop down to 15m time frame to look for signal to enter early or look for two candles on 1h time frame to enter.
looking for long positions.
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.