GBPUSD WAIT FOR TRRIGER
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 bearish trading inside this channel, and price is still sitting around our lower bound of this channel acting as an over-sold zone, where we will be looking for new bullish correction movements.
Adding on price is sitting around a strong support zone adding more confluence.
Meanwhile, for the bulls to kick in we need a momentum candle close above our 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 bearish trading inside this channel, and price is still sitting around our lower bound of this channel acting as an over-sold zone, where we will be looking for new bullish correction movements.
Adding on price is sitting around a strong support zone adding more confluence.
Meanwhile, for the bulls to kick in we need a momentum candle close above our 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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