MTayaib

GBPUSD LONG TRENDLINE SETUP

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD BUY SETUP. PRICE IS FINDING SUPPORT ON THE UPTREND AND MONTHLY SUPPORT.
THESE ARE THE CONFIRMATIONS I'M WAITING FOR.
-CANDLE TO FINISH OUTSIDE THE SMALLER COUNTER DOWNTREND.
-IF IT CONTINUES TO BREAK THE UPTREND I'D BE LOOKING FOR A BREAK-RETEST ON THE DOWNTREND.
Trade active: +73 pips, let's see if it breaks the downtrend and continues momentum to the upside.
Trade closed: target reached: 1st entry: + 270-300 pips
2nd entry: + 200-250 pips

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