RJLfamily

GBDUSD LONG! RETEST TO HAPPEN!?

Long
FX:GBPUSD   British Pound / U.S. Dollar
i have setup my chart with a lovely confirmation of two strong trendlines going in only one direction! to me this is a strong bullish sign of a breakout to happen to hit the next daily high!
i will be waiting for that possible retest for a confirmation signal for my entry on the 5M - 1HTF (less experience please use 1H)! please be risk assured as this is at a strong resistance level! HOWEVER due to the strong trendline direction in both the DAILY and the 4H it's also piling pressure and pushing a squeeze on that resistance! manage your risk accordingly and let's hit that target!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.