ProjectSyndicate

GBPUSD H16: Bullish C&H setup BUY LOW TP +200/400 pips(SL/TP)

Long
FX:GBPUSD   British Pound / U.S. Dollar
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GBPUSD H16: Bullish C&H setup BUY LOW TP +200/400 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more gains


🔸 Summary and potential trade setup
::: GBPUSD 16hour/candle chart review
::: speculative bullish C*H setup
::: recommend to wait for pullback
::: and buy low near 3220/3240
::: currently not the best spot
::: to BUY/HOLD
::: generally traders should look
::: to BUY any dips in this market
::: based on mid-term outlook
::: later with SL/TP levels
::: recommend to BUY/HOLD 3220/ 40
::: recommended strategy: BUY/HOLD
::: TP1 +200 TP2 +400 SL 50 pips
::: good luck traders
🔸 Supply/Demand Zones
::: 3220/3240 fresh demand zone
::: 4450 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BULLS
FX/CRYPTO SCANNER/RESULTS/OVERVIEW/TELEGRAM
https://TAPLINK.CC/DARK000SOUL
BEFORE/AFTER ANALYSIS
https://THEPROJECTSYNDICATE.BLOGSPOT.COM/
CHANNEL TA/SIGNALS SL/TP
https://T.ME/THESYNDICATE001
DETAILED SCANNER RESULTS
https://TWITTER.COM/PRSYNDICATE001

Comments

No more shorts? Hm...
Reply
hensemselalu NN-trading
@NN-trading, which one actually ..?? tepuk dada tanya otak ;D
Reply
NN-trading hensemselalu
@hensemselalu, this GBPUSD one. You were projecting move down far below 1.30 just a few days ago. Has something materially changed in the setup?
Reply
Thanks for sharing your idea.
But I had thought we were looking for shorting opportunities towards the big fall, with targets at 2900/2800?
Reply
@KingzPipz, this is not panning out so far. for now shorting is safe. but pullback only. review my other update in DXY for added perspective.
Reply
KingzPipz ProjectSyndicate
@ProjectSyndicate, Sure I will. Thanks again for the great work and energy put in.
Reply
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