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tntsunrise
Nov 18, 2019 11:32 AM

GBPUSD Structure Identified Long

British Pound/U.S. DollarFXCM

Description

Hey guys, here is the GBPUSD Trading Plan

From the Chart we can obviously found that
1.2800 is previous Key resistance
and now become Key Support.

Today's candle breakout the recent downtrend line
therefore , we can use the buy pull back strategy
Eyes on 1.2900 (ideal entry)
Target 1.3200

Comment

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Nice rally as we expected

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Target almost hit
now is 1.3156

Congratulations!

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1.32 HIT

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Congratulations!
1.35 hit
+700 pips
One Contract you win 7000 USD :)
Comments
arrowminds
You're using new term structure. What is logic behind it?
tntsunrise
@arrowminds, structure is.the horizontal.place.that.bulls.and.bears.fight before
MANS09
do we buy ?
asgcorp
nice review, thanks for sharing.
Here's my take on GBPUSD daily.
Great setup for the bears.
BlessNtobela
@asgcorp, That's what I am also looking at right now
Fura007
Nice I just needed that confirmation thank you.
jeanneymar011001
Hi sir, I made the contrary because I don't like the number
jeanneymar011001
disliked
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