TradingView
Yuriy_Bishko
Jul 23, 2019 8:25 AM

GBPUSD is close to Support/Resistance Zone! Long

FX:GBPUSD60
British Pound/U.S. DollarFXCM

Description

⋅
We can open BUY if:
- The price will make a fake breakout of Support/Resistance Zone.
- Pullback to Buy Zone.
Potential profit will be in 3...5 times bigger than risk.

Comment

⋅

Trade active

⋅

Trade closed: target reached

⋅
Price rose up 500 pips
u can close part of the position

Comment

⋅
Trend AnalysisChart PatternsWave AnalysisGBPUSDbritishpoundDJ FXCM IndexEURForexforecast
Comments
JohnWick2020
⋅
What a nice analysis.
You have a high readability of the market
It's very handy to follow you.
Yuriy_Bishko
⋅
@JohnWick2020, thanks for feed back
Yuriy_Bishko
⋅
@JohnWick2020, did u open a position?
JohnWick2020
⋅
@Yuriy_Bishko, not yet, I’m waiting
JohnWick2020
⋅
@Yuriy_Bishko, In fact I am watching the DXY now in a resistance zone
In case of breaking the resistance zone I think GBPUSD going down. Do you think?
Yuriy_Bishko
⋅
@JohnWick2020, maybe. if the price will break the key level and stay there...
Yuriy_Bishko
⋅
@JohnWick2020, thank you!
Petr_BUYNOW
⋅
Dr-FX
⋅
it will bounce! go LONG :)
Yuriy_Bishko
⋅
@MohdAkmalNordin, if you say so...))
More