4.18.23 GBP/USD
$) All of GBP/USD is very much bullish, going all the way as far as last month's bullish engulfing candle close.
$) GBP/USD has maintained bullish momentum for the last 6-8 weeks
$) Double Bottom formed on the 4.17.23 daily candle close
$) Bullish structure is being maintained. clearest on the 4H TF
$) price action formed a new high on the 1H TF , and what we are witnessing here is the pullback / market correction / counter trend. (all three are the same thing)
$) price has closed above 100 Moving average on the 30m TF
$) waiting for a break of my counter trend line to place a buy entry
$) GBP/USD has maintained bullish momentum for the last 6-8 weeks
$) Double Bottom formed on the 4.17.23 daily candle close
$) Bullish structure is being maintained. clearest on the 4H TF
$) price action formed a new high on the 1H TF , and what we are witnessing here is the pullback / market correction / counter trend. (all three are the same thing)
$) price has closed above 100 Moving average on the 30m TF
$) waiting for a break of my counter trend line to place a buy entry
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