Get started
mxxtrader

GBPUSD D1, possible long term setup, broke of multiyears DTL

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
mxxtrader Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Beyond Technical Analysis
2
0
trendanalysis beyondta
Guys possible long setup on this with 500 pips on the table! If my eyes don't lie we have the breakout of MULTIYEAR descending TL (go to the weekly timeframe and see also with your eyes). For confirmation we should see a pullback with a closing candle above our TL so we can take this retest for entry long and hold this for some week. Trade supported by: fibo confluence,trend analysis
Comment:
Better split all in 3 TP target and play with 2/3 positions for take profit along the way
Comment:
we should find another entry cause no retrace for now
Comment:
ok maybe few time and start to retrace
Comment:
our entry was on TL retest but it s strong bullish and the retrace was too short we ll find an entry, 1,32 or 1,3250 area
Comment:
about 40 pips from target closed it
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.