GBPUSD buy setup
- DXY potential reversal with weekly high created (ideally let it break below 93.224, which mean there's still small risk)
- if I'm correct, GBP will have a weak move to pulldown the price for GBPUSD retracement before total up move
- eye on level 1.37320 or below, look for buy setup there for better risk reward
- mid term target is the above structure high at around 1.38500 - 1.39000
- the next potential higher aim is towards 1.40000 and above (but will have to keep track the price action form for further confirmation by then)
Note:
I wouldnt be able to post instant update or setup while I'm managing and tracking the price action ...
cause most of the decision made are in 1m/5m actions, therefore the charts posted sometimes might already in the move.
- DXY potential reversal with weekly high created (ideally let it break below 93.224, which mean there's still small risk)
- if I'm correct, GBP will have a weak move to pulldown the price for GBPUSD retracement before total up move
- eye on level 1.37320 or below, look for buy setup there for better risk reward
- mid term target is the above structure high at around 1.38500 - 1.39000
- the next potential higher aim is towards 1.40000 and above (but will have to keep track the price action form for further confirmation by then)
Note:
I wouldnt be able to post instant update or setup while I'm managing and tracking the price action ...
cause most of the decision made are in 1m/5m actions, therefore the charts posted sometimes might already in the move.
Comment:
In the trade
Comment:
Took partial profit, profit locked, risk free trade
Comment:
Take full profit at 1.38800.
Trade closed
Trade closed
Comment:
TP hit anyway
Expect 93.437 as weekly high
Look for GBPUSD buy for now