Hey guys
Just looking at GBPUSD. Monthly chart is not shown here but macd is up and it is above tenkan with flat kijun sen.
Weekly:
Macd is crossed up and above centre line. Chikou above price and there is some resistance at current levels. Price is above TK.
Daily:
Mac is crossed up. Chikou is above price. Price testing cloud top. I am long with 2 atr stop. It may see some more pullback or can rally from here or may not work. This trade is meeting my criteria. So, i have to take a long. If it close above resistance , i'll add more to it. Initial target is 1.34-1.35. Good RR here.
Let's see how this one plays out.
Thanks for reading and the follow.
Just looking at GBPUSD. Monthly chart is not shown here but macd is up and it is above tenkan with flat kijun sen.
Weekly:
Macd is crossed up and above centre line. Chikou above price and there is some resistance at current levels. Price is above TK.
Daily:
Mac is crossed up. Chikou is above price. Price testing cloud top. I am long with 2 atr stop. It may see some more pullback or can rally from here or may not work. This trade is meeting my criteria. So, i have to take a long. If it close above resistance , i'll add more to it. Initial target is 1.34-1.35. Good RR here.
Let's see how this one plays out.
Thanks for reading and the follow.