jordanmac

GBPUSD - BUY

Long
jordanmac Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Couple Weeks Ago I Did Call this Pair out for a buy.

Price has made its implusive move up, currently awating for flag formation to be completed and then will look to enter

Can hold this trade up to 1.33ish - Probably will look to enter next week IF i see a clear trade set up

This just a idea. This is just how I see price and following the momentum

Let's see how this plays out!

#JugFX
Comment:
A Gap in the market since it had opened on Sunday

I will be keeping a close eye on GU and keep you guys updated
Trade active:
Closed half of my profit on GBPUSD,

Risk free trade now. All about patience, price has made it's move up
Trade active:
Not far away from my original target of 1.33

#JugFX
Trade closed manually:
Update on GU - Price has spiked at my target of 1.33 before we saw a strong bearish engulfing candle - we can possibly now see some downside on GU

Profits should have been taken, or protected by a trailing stop

#JugFX

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.