GBPUSD consolidation before any strong Break

I see price will come and test atleast one more time "Weekly/Daily support Zone" and possible bounce of trendline.

I think price needs little more fuel of consolidation before any strong break. Possible fakeouts!

If this scenario will respect my analysis we can catch nice waves.

Bình luận:

Trade is still valid. A possible scenario is the price will come and test trendline or maybe break it and test/break 4h Zone.

Still looking for price to come and make 1 more floor on Weekly/Daily Support Zone.

Bình luận:

News pushed price down strong. EP opened on 1.30280. We have better entry because of it. I'm monitoring the trade in our group. I see kind of "Fakeout" There is alot of news today. Lets see!

Giao dịch được đóng thủ công:

After the News opened buy position on- 1.30280, we closed trade with good 28pips profit.