Hello traders.
The first trade setup of the new week is in GBPUSD. In 1D chart, there is a chance for Z wave. The minimum target will be 1.44 if it makes an up impulse. At least it should make a correction after sharp down move. That's why I think taking a long trade can be a good idea. I have placed an entry order. I hope it will come down before taking me in.
The first trade setup of the new week is in GBPUSD. In 1D chart, there is a chance for Z wave. The minimum target will be 1.44 if it makes an up impulse. At least it should make a correction after sharp down move. That's why I think taking a long trade can be a good idea. I have placed an entry order. I hope it will come down before taking me in.
Trade closed: stop reached:
It took me in with 1 pip and stopped me out with 1 pip. What a price action.