GBPUSD: CHANCES FOR NEXT WEEK
Traders,
This is my first time to give more details on my strategy for this pair.
First of all, my first trade on this pair next week must be long.
Now it just need to decide when to enter.
As my chart shows, I am waiting for a divergence for GBPUSD, so could be two choices for entry :1.31043and 1.29715.
The decision will be made depends on how it go and stop loss only allow 50-30 pips.
FIBO382 1.36409 is my first target
THEN FIBO.5 1.39039
THEN FIBO0.618 1.41670
I will also track retracement for this pair, pls keep attention on my chart.
Trade with plan and technique.
And wish you all good luck!
This is my first time to give more details on my strategy for this pair.
First of all, my first trade on this pair next week must be long.
Now it just need to decide when to enter.
As my chart shows, I am waiting for a divergence for GBPUSD, so could be two choices for entry :1.31043and 1.29715.
The decision will be made depends on how it go and stop loss only allow 50-30 pips.
FIBO382 1.36409 is my first target
THEN FIBO.5 1.39039
THEN FIBO0.618 1.41670
I will also track retracement for this pair, pls keep attention on my chart.
Trade with plan and technique.
And wish you all good luck!
Comment:
This trade could be half in now.
