walidmaksoud83

Technical View GBPUSD

Long
walidmaksoud83 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Price now broken the liquidity area 1.2270 which has been broken in the recent periods and also re-tested more times , so price now was closing above this area with bullish engulfing candle , so it is expected to reach higher lvels at 1.2400 in the case of bullish move confirmation.So follow our updates to know the entry point.
Confluences:
1-Price is moving above EMA 200.
2-Primary structure is upward HH , HL.
3-Price has broken liquidity area.
Trade active:
Comment:
Price is still respecting the liquidity area and Fib 50% , so it is expected to resuming the bullish move.
Comment:
Comment:
waiting for bullish candle to confirm the entry point

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