Potential Trade Alert

A push-pull level has been hit on the daily GBP/USD, as yet there is no confirmation on the hourly charts but it is worth keeping an eye on that level as it may turn into a trade for the Asian session. The context is that the GBP/USD has broken out of the monthly wedge and pulled back to the trend-line where it moved sideways before breaking up with two large candles.  This is the pullback to the trend line context as mentioned in the 10XROI Trading System book.(Go to the Please Read First Page)



I am now waiting to either get stopped out at -12 pips or for the trade to reverse, it is currently stuck near the push-pull level which is also a daily trend line.  If trade does reverse then I will move to b/e as it is after the first pull back.




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