- Monthly: The pair has been in an uptrend since the start of 2017;
- Weekly: Last Weekly broke above previous resistance, activity expected for the coming week;
- Daily: Break of of 25/01, 01/02, 26/03 highs. Although we broke above, Friday printed a ;
- 4 Hour: First candle of market open completely engulfed last Friday's closing candle, near a important S/R zone.
-GBP shows strength on April for the past 10 years;
-Break of Weekly Resistance;
-Break of important on the Daily time frame;
-Bullish showing rejection of 1.424 level which was resistance on 26/03 highs;
Stop Loss Placement:
-3 PIPs below trigger candle's low
-25/01 Swing High.
- Set and Forget.
RESULT: TP HIT