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Hari_krishnan_S_Kumar
Jun 8, 2021 5:58 AM

TRADE SETUP - GBP USD 

British Pound/U.S. DollarFXCM

Description

Hi Traders,

Possible trade setups today are as follows:-

1. Reversal Trade - If GU test the golden zone and breaks the trendline (White), then we can open a buy position on retest with T1 - 1.41747 and
T2 - 1.41878.
2. Breakout Trade - If GU breaks any market structure (Red) or trendline (yellow), then we can open a position on retest in the direction of
breakout with target at the nearest structure or pivot.

Note:-

1. Only enter a position if u get a proper retest in the 15m TF.
2. Ensure proper risk management.
3. These are the setups that i take in my account.

Follow for daily trade setups.
Happy Trading............
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