GBPUSD Target for Week of 5.9.22 and 12.9.22
Hello all.
Yellow box is my target for price to hit as the high of the week.
will go short at this level. will be a swing trade idea.
Expect price to retrace up for a couple weeks. So this may not get filled this week.
But if it hits it this week, i will go short.
normal risk.
Note 1** seeing that as it is a swing trade, do not exceed your normal risk. losses can be magnified due to the larger SL.
Note 2** If price structure looks good, I may take a Long as a day trade. update you guys here
Safe Trading, Happy trading
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly.
Yellow box is my target for price to hit as the high of the week.
will go short at this level. will be a swing trade idea.
Expect price to retrace up for a couple weeks. So this may not get filled this week.
But if it hits it this week, i will go short.
normal risk.
Note 1** seeing that as it is a swing trade, do not exceed your normal risk. losses can be magnified due to the larger SL.
Note 2** If price structure looks good, I may take a Long as a day trade. update you guys here
Safe Trading, Happy trading
Plan your risk and trade position sizes accordingly.
This is not trade advice, just an opinion on the markets.
Trading can lead to excessive losses and complete loss of one's equity if not managed properly.