Hello everyone. I want share my idea about GBPUSD.
Few days ago I shared my idea about this pair where i said it was long but after retest some support area, i missed it but yesterday it gave me pretty good opportunity.
After big bullish scene we see some correction on this pair.
price came to daily Fibonacci LVL and we saw strong rejection, which was also liquidity swing. In my opinion this pair will retest again this zone which is from 1.287-1.280 in this zone we have at 1.284 support which is pretty strong.
Why I open long position?
Trend is in strong uptrend, it showed me new low when it touch to daily Fibonacci LVL, which then show us big spike, that means buyers still strong and big money still long.
This is my 2 scene.
1 Bearish - price coming strong down, brake all support area which is between 1.287-1.280 coming down and brake also trendline.
2 Bullish - price brake 1.30 resistance, then test 1.328 resistance which is also weekly resistance. This 2 resistance was last year when trend was bearish.
Today we have some new of USD we need to be carefully because i think today will be manipulation.
Few days ago I shared my idea about this pair where i said it was long but after retest some support area, i missed it but yesterday it gave me pretty good opportunity.
After big bullish scene we see some correction on this pair.
price came to daily Fibonacci LVL and we saw strong rejection, which was also liquidity swing. In my opinion this pair will retest again this zone which is from 1.287-1.280 in this zone we have at 1.284 support which is pretty strong.
Why I open long position?
Trend is in strong uptrend, it showed me new low when it touch to daily Fibonacci LVL, which then show us big spike, that means buyers still strong and big money still long.
This is my 2 scene.
1 Bearish - price coming strong down, brake all support area which is between 1.287-1.280 coming down and brake also trendline.
2 Bullish - price brake 1.30 resistance, then test 1.328 resistance which is also weekly resistance. This 2 resistance was last year when trend was bearish.
Today we have some new of USD we need to be carefully because i think today will be manipulation.
