GBHUF - Low time frame analysis
Evening All.
GBPHUF - Analysing this pair, I see price action has respected the lower trend line well in the past. Coupled this with a bullish divergence favourable volume and a break of the low time frame trend line, I will be longing GBPHUF with a potential target between .5 and .618 retracement. I back this level with historic S/R of PA where price action may come into resistance.
GBPHUF
GBPHUF - Analysing this pair, I see price action has respected the lower trend line well in the past. Coupled this with a bullish divergence favourable volume and a break of the low time frame trend line, I will be longing GBPHUF with a potential target between .5 and .618 retracement. I back this level with historic S/R of PA where price action may come into resistance.
GBPHUF