Pound Inggris / Dollar AS
Pembelian

GBP/USD: long position from the trend line(h4)

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The 2 black lines you see on the chart are 2 trend lines from one top.

They played key roles in history, often stopping and unfolding the price.

I think this situation will not be an exception.

After the price reaches a strong support level, which crosses one of the trend lines, it rushes to the 50% Fibo level, which miraculously coincides with the resistance level of the trend line and local resistance.

Thanx and good luck!

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