Get started
FrenchIvory

GBPUSD Long Term Buy/Will the Trendline hold? [UPDATE]

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
FrenchIvory Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Trend Lines Chart Patterns GBPUSD gbpusdshort gbpusdlong gbpusdbuy gbpusdsell gbpusdanalysis gbpusddaily gbpusdsignal
4
0
trendanalysis trendline chartpattern gbpusd gbpusdshort gbpusdlong gbpusdbuy gbpusdsell gbpusdanalysis gbpusddaily gbpusdsignal

Price has started rejecting the trendline on the 4h, the higher high expected to form at 1.42300 is invalidated. im now looking to take this down to 1.34180 (sl size is only for my account's risk allocation. the correct and safer placement is at 1.38000)

GBPUSD Long Term Buy/Will the Trendline hold?
Trade active:
Correct Stop Loss placement should've been above last high and above TL at 1.38310.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.