currencynerd

momentum buy setup

Long
FX:GBPUSD   Sterlina / Dollaro
price is trading in a descending bearish channel with 4hr supply peak @ 1.30485 in control and indicating presence rising bearish momentum to areas around the monthly demand valley @ 1.29457 , where i have pending limit buy positions with possible targets at daily supply peak @ 1.33096 giving a risk reward of 1:5.

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