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Home  /  BUSINESS  /  GBPUSD - Double Bottom + BOS - Buy Setup | 4H
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GBPUSD - Double Bottom + BOS - Buy Setup | 4H

India • 13h ago • Source: publicofindia

Description: GBPUSD Buy Idea - 4H Structure ShiftAfter a strong sell-off, GBPUSD formed a Double Bottom at 1.31991 (E point) with Liquidity Grab (LQ).Structure:CHoCH + Multiple BOS on 4H (as marked)Price broke the falling wedge / descending trendlineNow pulling back into Order Block 1.32361 - 1.32500 Plan: Entry: 1.32450 - 1.32361 (Green Box) SL: 1.31991 (Below Double Bottom) TP1: 1.33382 TP2: 1.33927 Risk: Only valid if 1.31991 holds. If daily closes below E, idea invalid.This is a trend reversal buy, not chasing. Wait for retest.AK pair, AK direction, AK trade. #GBPUSD #Forex #PriceAction #BOS #DoubleBottom #TradingView

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