VasilyTrader

GBPUSD: Morning Scalping 🇬🇧🇺🇸

Long
OANDA:GBPUSD   British Pound / U.S. Dollar

Hey traders,

Here is a very nice scalp trade that I took with my mentee this morning:
GBPUSD is relatively oversold,
the price formed a falling wedge pattern on 30m time frame and formed a double bottom formation within.

The resistance line of the wedge was broken this morning and we bought and a retest.

Goal - 1.371
Stop - 1.361

Scalping trades are very risky.
Don't risk more than 0.5% of your balance.

❤️Please, support this idea with like and comment!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.