GBP/USD Trade setup.

٢٧ مايو ٢٠٢٠

Price on the daily timeframe has provided a double top trade pattern but price failed to breakout the neckline and continue the bearish descend. Price currently in H1 shows a bullish channel with completed highs and lows.
We'll wait for a reversal of price on the support level identified or continued completion of a new low.

٢٧ مايو ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

Entry taken from the support level breakout. Price reached the 1.2232 take profit.

Re-analysis to follow.