GBPUSD LONG TRIGGERED!

-CLEAN BREAKOUT FROM THE 1H DOWNTREND TL

-RSI DIVERGENCE

-MY TARGETS ARE BASED ON OTHER RESISTANCES SUCH AS
BIGGER TIME FRAME TREND LINES (4H)

-WHEN PRICE CLOSE ABOVE THE EXTERNAL DOWNTREND LINE
IT COULD REACH THE LAST HIGH AND MAYBE MAKE A NEW HH
(WE ARE IN WEEKLY PENNANT MADE BY HIGHER LOWS AND
LOWER HIGHS).

Trade stängt: målet nått:

The first target was reached (the internal trend line). I did not take profit, just moved my sl to breakeven

Kommentera:

Price is actually facing the external trend line resistance... if we have a close above it, price will get much higher.

Trade with care!

Trade stängt manuellt:

closed at BE