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kenoyer
Jul 1, 2021 9:29 AM

GBPUSD Buy 

British Pound/U.S. DollarFXCM

Description

Play is simple ...Mid Week Reversal anticipated at zone

Break of previous structure low and trend channel inducing sellers and stop hunting buyers



Look for entries ...multiple will likely come before and during NY ...milk the markets and don't let no losses run; tight stops!

Trade active

Beautiful wick entries ...no drawdowns if you caught the stop hunt.

Now Trading back in the Asian Range ...some turbulence expected but we are very likely going to set new highs today

Hang on as long as you may ...Consider partial profits at 5/15m Ms during NY session

Comment



Progressing accordingly ...keen to see how this 4H candle closes, engulf? then we going to the moon

Trade closed: target reached

Multiple targets reached.

Exited thursdays buys on M formation in Asian range

Re-entery in the kill Zone on W (week reversal confirmation) ... TPs cleared and clearing


We are in an uptrend, at least until this week's reversal

Have an amazing trading week
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