FX:GBPUSD   British Pound/U.S. Dollar
9731 59 231
The GBPUSD             is sitting on the up trend line so buying the 786 fib is good idea. This is high risk trade because of the deep pullbacks we are getting , but if you know how to manage it for a BE trade in case it breaks the trend then taking the trade makes sense.

trade with care.

Thank you for your support .
Comment: The tend is broken so I will take off the trade for BE if it comes back to the 618. I will wait for a different setup to either buy or sell. Rules!!
Comment: Sorry the 786**
Comment: This was the trade setup and I would repeat this trade every time if the conditions are the same! Like said if you know how to manage it to BE this is an amazing trade. Now let's see if we get BE.
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Entry order is placed :)
+1 Reply
anilmangal PRO DenizBartu
yes let's see how it goes
+2 Reply
That's a huge move up, thanks for the post!
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hope it bounce
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mbe now time to buy... 1.416
+1 Reply
Good one.
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thanks
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Thank You Anil!
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thanks
+2 Reply
Agree, nice one :-)
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Thanks
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thanks anil..
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you are welcome
+2 Reply
Sound plan! Thank You :)
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yep it is
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snapshot
agree
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Could turn out to be super good!!! thanks Anil
+1 Reply
it it goes, yes
+2 Reply
Thanks Anil, Amazing analysis as usual. Lets ride this Up!
+1 Reply
we will see soon :)
+2 Reply
Miz anilmangal
I cannot wait to join your team! you always have a genuine care with everyone you trade with and always explain yourself to the fullest. It is a blessing to have you on tradingview and there is a reason you are number 1!
+1 Reply
I was looking for this sort of move
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USD will become weaker these weeks.Agree and will enter.
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This looks ready to go.
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bounce is there it already pays off million dollor trade Anil ;-)
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Limit buy triggered that one, no worries.Thanks for that Anil.
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OK so now we manage it.
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Good opportunity, agree with you))))
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thank you anilmangal
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We are thinking the same! thanks man!
+1 Reply
Same idea:
GBPUSD LONG
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Broke below the up trend line however 4hr candle is yet to close. Also tested the 88.6 fib and failed so looks as though it should move up from here. close above the trend line will support this further on the 4hr.
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update posted
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Miz anilmangal
thank you, so no entry as of yet.
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Already in the trade, I will close for BE if it comes back to my entry.
+2 Reply
bilk29 anilmangal
waiting?
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Can go to 1.40600?
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Thanks for t update anil.. :)
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snapshot
i am 90% confident for the C wave
+2 Reply
I found bullish engulfing candle at H1 timeframe and reject the level. Nice setup sir.
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what does it mean BE trade please?
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Break Even or +1 PIP...
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89006631 FXSpringbok
thanks
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WRONG , sorry OTHER WRONG TRADE for you
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what is BE?
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I think he means Break Even .. no loss or minimal loss trade..
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PabloV docholliday
yes thanks Doc !, i thougth something like that, some kind of "Best Entry" (point), but i wanted to be sure, thanks !
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conditions looked good to take this trade -- but that is trading.. sometimes the best we can do is minimize loss and look for the next one!
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Thanks for the update! helpfull
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very nice update ANIL i am agree with you but you will look for sell setup under the trend line but i am 90% confident that we will break in the trend as we can see momentum is building on 15 min chart and i am expecting C wave completion good luck
+1 Reply
GoodLuckbabe GoodLuckbabe
nice break in now see where it close
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GoodLuckbabe GoodLuckbabe
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here we got the C wave sir
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My 2 cents worth of analysis...
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i dont agree it is sell
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hi Anil. I have learned more from you how you managed negative trades....i think this is the key to make a really successful trader. Thanks
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I know that, ur strategy will work as u say in youtube "u know the market goes to not predict"
since u make this shop, i keep in attention with this pair till i make decision to Open Position yesterday.
impulse is done, in ur teory, now is corection will be make an impulse again till the target, isn't it?
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another loss
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