GBPUSD long opportunity
Updated
Hi all,
Despite the price action leading up to the NFP data friday, price managed to get back above the trendline of March. To me, this means a good opportunity to go long if opening price is close to the friday closing price! The pullback did not manage to close below 1.40 (psychologically relevant!!). If we see a re-test of the trendline or a retest of the 1.40 level i will be looking to buy based upon the evidence at the time.
Trade safe all!!
Despite the price action leading up to the NFP data friday, price managed to get back above the trendline of March. To me, this means a good opportunity to go long if opening price is close to the friday closing price! The pullback did not manage to close below 1.40 (psychologically relevant!!). If we see a re-test of the trendline or a retest of the 1.40 level i will be looking to buy based upon the evidence at the time.
Trade safe all!!
Trade closed: target reached
I've bought at 9th of april at a price of 1.408xx and closed today at 1.41918. happy about this trade:)
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