GBPUSD potential Long

Many things need to happen before confirmation. The blue dotted trendline needs a break and re-test. Next, the Weekly support needs to be broken and re-tested, only after that the potential long setup is confirmed.
Overall up-trend, will be watching closly this pair for next couple of days.

Bình luận:

Perhaps too early, but I saw my 1st blue-line break and retest at 1.31920 area and decided to enter long. The weekly resistance at around 1.32200 area has not yet breached and retested.
Entry: 1.31916
SL: 1.31509 (-40 pips)
TP: no target yet, looking at least 1:2 RR