GBPUSD - Potential Bullish Reversal!
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
GBPUSD is sitting around a strong support in blue so we will be looking for buy setups.
on M30: GBPUSD formed an inverse head and shoulders but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, GBPUSD would be overall bearish can still trade lower inside the blue support zone .
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPUSD is sitting around a strong support in blue so we will be looking for buy setups.
on M30: GBPUSD formed an inverse head and shoulders but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, GBPUSD would be overall bearish can still trade lower inside the blue support zone .
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich