Range Bound Trade
GBP has come to the lower range
and we can see seller tried three times
but can't make a lower low.
buyer can smell the sell failure at this time
Therefore, buy stop at 1.4180 (sellers' stop)
and aim for
1.4227
1.4340
GBP has come to the lower range
and we can see seller tried three times
but can't make a lower low.
buyer can smell the sell failure at this time
Therefore, buy stop at 1.4180 (sellers' stop)
and aim for
1.4227
1.4340
Trade active:
BUY STOP ORDER TRIGGERED.
SELLERS ARE GOING TO COVER THEIR SHORT POSITION
SELLERS ARE GOING TO COVER THEIR SHORT POSITION
Comment:
going to hit TP1