GBPUSD Uptrend Continuation
2020-01-23 09:19:02
Structure: Uptrend
Moving Average: Turning Uptrend, Close Above 200 SMA Resistance
Trendline: Daily TF Uptrend Line holds, Short Term Downtrend Line Broke Out
Pattern: Triangle Breakout and Double Bottom Rebound
Trigger: Huge Bullish Candle to end consolidation
Support: 1.3050, 1.2970
Resistance: 1.3180, 1.3260
Wait Small Retracement to 1.3050 to 1.3080 area, enter long if 1H Bullish Candle closed.
Entry Area: 1.3050 - 1.3080
SL: 1.2950
1st Target: 1.3250
2nd Target: 1.35