orvilleawright

BUY GBPUSD at channel bottom

Long
FX:GBPUSD   British Pound / U.S. Dollar
BUY GBPUSD at channel bottom
(Analysis Based on 4H and 1H charts)

Criteria
1. Up trend on the 4H chart
2. At channel bottom
3. At daily support level
4. RSI was oversold at channel bottom
5. Slight hidden divergence

NOTE: Wait for price action to confirm the importance of this level.

I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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