GBPUSD 1.30854 - 0.79 % LONG IDEA * TREND ANALYSIS + CONTINUATIO
Good Day Everyone
A look at the DOLLAR / POUND on most fronts the market is closing on the dollar recovery this Friday but the pair is still net long on higher time-frames so still looking for longs in the coming week until the charts say otherwise but coming down to the 4H chart the pair is trading in a pennant formation which could be signalling continuation with the bulls on the so looking for longs on the pound in the coming week.
let's see how it goes.
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 1.33155
TP 2 - 1.35210
SL - 1.29612
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
A look at the DOLLAR / POUND on most fronts the market is closing on the dollar recovery this Friday but the pair is still net long on higher time-frames so still looking for longs in the coming week until the charts say otherwise but coming down to the 4H chart the pair is trading in a pennant formation which could be signalling continuation with the bulls on the so looking for longs on the pound in the coming week.
let's see how it goes.
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 1.33155
TP 2 - 1.35210
SL - 1.29612
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade active:
🔵🐂 Respecting structure - in need of some volatility
