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Buy GBPUSD

by Saqib I, September 28, 2022

GBP/USD H4 vol/wav

by Saqib Iqbal September 28, 2022

5
Share

GBP/USD

|

Long

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

W pattern after several bearish impulsive waves. Buying opportunity on breakout of top of the W. Volume is slowly rising for the upside bars, indicating a potential reversal. Month is ending, so smart money will squeeze traders on both directions. So be cautious before going in either direction.

Trade Plan:

buy on breakout

Risk Management:

1%

Things To Watch For:

W top

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