GBPUSD Long from Trendline and Fib Zone
Last week we marked out our preferred entry point for this market above the daily trendline.
On Friday the market rallied and closed back above the Trendline triggering our Long position.
That closed the weekly candle as a massive dragonfly doji from between the 0.50 - 0.61 Fib zone, coupled with finding support from the trendline this looks like a really good long trade to run this week.
On Friday the market rallied and closed back above the Trendline triggering our Long position.
That closed the weekly candle as a massive dragonfly doji from between the 0.50 - 0.61 Fib zone, coupled with finding support from the trendline this looks like a really good long trade to run this week.