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Counter-Trend Buying Opportunity
British Pound / U.S. Dollar
Long
Counter-Trend Buying Opportunity
By RaynLim
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Feb 4
0
Feb 4
In comparison with EURUSD, GBPUSD appears more attractive for a counter-trend trade, featuring a Sideway Bounce trading setup.
The plan is to wait for a market retest at 1.2608 before entering a buying opportunity.
What are your thoughts on this potential trade?
askforex100
Candlestick Analysis
candlestickpattern
countertrend
GBPUSD
sidewaybounce
Support and Resistance
RaynLim
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Counter-Trend Long Opportunity
by RaynLim
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