lb-counts

GBPUSD Retest of down trend and weekly 200 EMA LONG

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FX:GBPUSD   英镑/美元
The price is testing weekly EMA 200 and it matches the highly resistance zone as shaded in light red, with bullish divergency noticed on 4h interval and the fact it's a retest of the broken long term down trend I am looking at profits around the Fib levels at 1.59307 as shown in yellow, this might take days or even weeks but it's a great moment to enter this trade and protect your capital with a close s/l to the safe levels which in this moment would be below the shaded zone once the price action is confirmed.

This is just and idea not a trading advise
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