GBPUSD Bullish Opportunity Forming At The Moment

0
491
GBPUSD Critical Zone Provides Buy Opportunity

Hi Traders! GBPUSD bullish opportunity forming at the moment. A detailed analysis of this buy setup is as follows:

GBPUSD Daily Chart:

On the daily chart the price is finally at the levels we were waiting for.  We have an alternate trend line that has formed and we may expect the price to respect this trend line and move higher.  In addition to this price has also created a bullish divergence which we may consider as an evidence of bullish pressure. Everything looks good for the bulls at the moment, we may now look for more confirmations of bullish pressure on lower timeframes in order to join the bulls.

GBPUSD Bullish Opportunity Forming At The Moment

Advertisement

 

GBPUSD H4 Chart:

On the H4 chart price is at the critical level and if you want to be aggressive then entries with H4 divergence are welcomed. We also have a downtrend line hence for more conservative approach we need to see trend line breakout, or for the safest approach, wait for the price to create higher highs and then we may start looking for the buys.

GBPUSD Bullish Opportunity Forming At The MomentNote: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this buy setup then you can use any setup and strategy that you have in your arsenal to look for bullish moves and join this buy trade.

If you want to learn how to do such analysis yourself, if you are looking for a professional team of traders and one of the best online trading communities, If you are looking for enormous archive of Webinars, Trading Tools, Trading Strategies, Books, Indicators, Expert Advisors and much much more, join my traders academy club for only $97 PER YEAR.

Join Traders Academy Club Now 

Also you can get one of my strategies free of charge. You will find all the details here

 

Yours to your success

Vladimir Ribakov

 

SHARE

JOIN THE CONVERSATION - I ALWAYS REPLY (VLADIMIR)

Please enter your comment!
Please enter your name here

We respect your privacy and take protecting it very seriously.