The808Trader

GBP/USD Ichioku Long Attempt

Long
FX:GBPUSD   British Pound / U.S. Dollar
After a good bearish run this pair has found some support and is now trying to rebound.

We've seen some hard resistance here so I'm looking for a confirmed break of the yellow level to signal a buy for me.

If we can hold above that level I've drawn out 2 partial take profit levels on the way to my overall target.

If we fail to hold our bullish confirmations or if we fail to break out and hold above our entry line, this setup may become invalidated.

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