GBPUSD | 1D | my view

Mar 23, 2023

Please be careful with this pattern most of the time it gives false breakouts and sudden fall, sometimes it takes a retest and creates a bullish setup, if we see a rejection from the resistance level we can look for shorting opportunities, if we see a successful breakout retest and bullish confirmation candles then we can go for the long position. (only enter if we get a confirmation candle, do not enter in a trade early or without analysing the chart)

Apr 1, 2023

Trade active

Aug 20, 2023

Trade closed: target reached

target hit after a long