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DACapitalTrading
Jan 6, 2020 10:36 AM

GBPUSD - FOREX - 06. JAN. 2020 Long

British Pound/U.S. DollarFXCM

Description

Welcome to our weekly trade setup ( GBPUSD )!

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1 HOUR
50% pullback to previous x-a long pullback wave.

4 HOUR
Market back at its support, we need a push to the upside.

DAILY
Good long entries, prices pushing back to the upside.

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FOREX SETUP
BUY GBPUSD
1ST ENTRY @ 1.31420
2ND ENTRY @ 1.31030 (wait for trigger)
SL @ 1.30350
TP @ 1.32580
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN

Trade active

Comment

Both long entries filled!

Trade closed: stop reached

Closed with -100 / -60 Pips!
Comments
Xxtradeizi
agree 100 % with your positive analysis keep it positive
DACapitalTrading
@Xxtradeizi, Thank you mate!
DACapitalTrading
@Xxtradeizi, all the best
Grizz01
Awesome work. You and I have one thing in common our names lol. But seriously would love to learn to trade like you do. Great work.
DACapitalTrading
@Grizz01, Thank you a lot
DACapitalTrading
@Grizz01, wish you good luck on your journey!
Crypto_General
Agree with your analysis
DACapitalTrading
DACapitalTrading
@Crypto_General, what is your view
Crypto_General
@DACapitalTrading, my view is bullish on GBP and EUR, IMO it should be much higher than 1.3258, I'm bullish and buying the dips
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