RaynLim

Market Stands Firm on Support!

Long
FX:GBPUSD   British Pound / U.S. Dollar
πŸ“Š Weekly Chart: Long shadow at support, prior resistance.
πŸ“ˆ Daily Chart: ABCD pattern, respecting support.
πŸ•“ Four Hour Chart: Counter-trend trade possibility.
⏳ One Hour Chart: Bullish bat pattern, wait for confirmation.

🌟 Weekly Chart Insight:
- Market stands still in buy zone.
- Different from Eurodollar.

πŸ“Š Daily Chart:
- ABCD pattern, support respected.
- Previous trade resulted in 219 pips gain.

πŸ’‘ Trading Opportunities:
- Confirmation of support for a buy.
- Counter-trend trade in the sell zone.

πŸ¦‡ One Hour Chart:
- Bullish bat pattern.
- Wait for consolidation or double bottom.
- Use RSI Divergence for confirmation.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
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.