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joetheng
Oct 6, 2022 3:11 AM

GBPUSD is in the Supply Zone, good for SELL. Short

British Pound/U.S. DollarFXCM

Description

GBPUSD Daily = Downtrend.

Cable ( GBPUSD ) is in the Supply Zone , most likely will going down turn to Demand Zone (1.07650 - 1.0888).

I prefer Short / Sell entry in Supply Zone (we should find the smallest Supply Zone for Sharp / Sniper Entry) with Stop Loss @ 1.7700 and TP #1 = 1.1220 & TP #2 = 1.0900 (Swing Trading).
Comments
joetheng
GBPUSD hit our first target profit, congrat who follows this roadmap. Thank you.
VasilyTrader
Noted, thank you!
joetheng
@VasilyTrader, hit target #1.
manfredalfred16
good job sir,
joetheng
@manfredalfred16, thank you.
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