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MRFXGuy
Nov 7, 2020 3:18 PM

GU has upside potential if a Biden win is secure Long

GBP/USDOANDA

Description

If Biden is elected we can see GU rise to 1.33-1.34 so this is where i'm taking my profit. After that, i'll be looking for sells due to the coronavirus lockdown.

Comment

Up over 100 pips.. Trade is doing well

Comment

closed at 1.328
Comments
aejcapital
Nicee
MRFXGuy
@invstarr, thx
ntabari2002
are you considering the patterns in the D1 and H4?
MRFXGuy
@ntabari2002, Yes i feel like either the election results would straight away send the market to 1.33-1.34 on the market open or there may be a little retracement on the H1/4 to the low 1.30s before we can see it climb. However with lockdown in place sooner or later a big sell will happen which is where ill target 1.20 possibly lower.
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