felixtrade86

England is getting back to normal

Long
felixtrade86 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
On higher timeframe it is a clear uptrend. What also with my flow and fundamental research match
In this timeframe you see the v shape what is a sign of exhaustion and buy power. Also it struggle to make new lows.
Probably with Frankfurt open it will go up when volume comes in. Also can be a spike possible before that why i set up a buy stop order.
Comment:
As it reached previous highs i decided to close partial and no more money is at risk
Comment:
took more profit and extend TP to 1.41494
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.