VladimirRibakov

GBPUSD Buy Idea

做空
FX:GBPUSD   英镑/美元
D1 - Price reached the bottom of the triangle pattern, bullish divergence completed.

We may now expect the price to move higher towards the top of this triangle pattern.

H4 - Multiple false breaks with bullish divergences.

If the price moves higher and breaks above the high shown in the chart (marked in red line), we may then expect pullbacks to happen with bullish hidden divergence to form.

We may then start looking for buys with more bullish evidences.

Invalidation: If the price moves lower, breaks and holds below the invalidation level (marked in green dotted lines), then this buy setup will be invalidated.

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