Get started
wolf-lamb

GBPUSD - LONG or SHORT?

British Pound / U.S. Dollar (FX:GBPUSD)  
wolf-lamb Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis greatbritain greatbritainpound GBPUSD LONG short IDEA
8
0
trendanalysis greatbritain greatbritainpound gbpusd long short idea
We are approaching to hit the trendline so depending on the price action do I will open a short or a long position.
If I see a bullish pinbar or hammer formation on the trendline I will go LONG. If we close on 4H bellow the trendline then I will go SHORT.
Let's see what happens...
Trade closed: target reached:
Target 1 & 2 hitted.
The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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.