GBPUSD 3h AutoUFOs™ Trade Alert! 08 November 2019
Sell Limit @ 1.2930
Protective Stop Loss @ 1.2975
Take Profit @ 1.2840
Rationale:
Sell Un-Filled Orders (Red UFO ) available in the 3h time-frame
Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
Protective Stop Loss @ 1.2975
Take Profit @ 1.2840
Rationale:
Sell Un-Filled Orders (Red UFO ) available in the 3h time-frame
Buy Un-Filled Orders (Green UFO ) further below allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO