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TheMeditrader

Bullish Swing Trade On GBPUSD

Lång
Brittiska pund/Amerikanska dollar (EIGHTCAP:GBPUSD)  
TheMeditrader  
EIGHTCAP:GBPUSD   Brittiska pund/Amerikanska dollar
Trend Analysis GBPUSD LONG Bullish Patterns sfp
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trendanalysis gbpusd long bullish sfp
GBPUSD

GBPUSD is currently trading within a range, which is ideal conditions for swing failure patterns. I'm looking for continued downside price action into the 1.19226 swing low to test that level and probe liquidity. This also lines up with the ATR which should add a strong additional confluence, in addition to the 3rd push wedge which will have formed. We will need to see an SFP bar for our entry signal so set your alerts.

My target will be the upper swing of 1.21439.

Enjoy,

The Meditrader
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