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Forexcandlestars
Nov 1, 2022 1:31 AM

LONG GBPUSD Long

British Pound/U.S. DollarFXCM

Description

GBPUSD has formed a symmetrical triangle up chart pattern and has created a new resistance area at 1.16423.

And now GBPUSD is being corrected in the support area of the old resistance. And there is a possibility that GBPUSD will continue rising and create a new resusgance area at 1.16845 👍

So now I'm going to open a trade:

BUY GBPUSD in the area of 1.14837
Take profit 1: 1.15660
Take profit 2: 1.16243
Stop Loss : 1.14178 ️

This analysis does not 100% guarantee profits, this analysis can be wrong and it can happen right. Because the market cannot be analyzed 100% correctly.

The profits and risks are borne by each of you

#disclaimeroN #daytrader #gbpusd
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