verynuclear
Previous broken structure was rejected and I expect the price will continue to the downside.
Reasons to long On 4H 200 EMA Trend line Daily support Bullish divergence
GBP moves strongly to opposite direction to gain profits before continue higher to the original direction. Good Luck.
Law of reflection states tgat angle of incidence is equal to angle of reflection. Waiting for theta r ⬆️ 😀
To test the broken weekly trend line
Buy Zone on The trend and important fibo levels.
Long Position Opened Target: 126.300 SL: 125.900
Short on retesting the broken flag. Trade can be triggered now.
Looking for sell close to broken Resistance, channel border and EMA 50
Correction before hitting target Short term sell
TP 1: 1.25300 TP 2: 1.25650 SL: 1.24300
The price will probably bounce from that level.
Price is expected to bounce off this area at 1.234 - 1.238 where fibo 0.38, Broken trend line and monthly pivot point
Good to buy near the channel border with pull back