GBPUSD WAIT FOR TRIGGER
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GBP/USD Quick update.
As we can see price is still overall bullish trading inside this clean rising channel.
However, price is approaching our lower rising trendline lining up with a strong support zone, Where we will be looking for new longs as a trend-following buy setup.
Meanwhile, for the bulls to take over from a short-term perspective we need a break above the marked swing high, Then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GBP/USD Quick update.
As we can see price is still overall bullish trading inside this clean rising channel.
However, price is approaching our lower rising trendline lining up with a strong support zone, Where we will be looking for new longs as a trend-following buy setup.
Meanwhile, for the bulls to take over from a short-term perspective we need a break above the marked swing high, Then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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