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GBPUSD H16: BEST Level to BUY/HOOD TP +500/+750 pips (SL/TP/UPDATE) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as LONG because I expect more gains and reversal from HEAD level
🔸 Summary and potential trade setup ::: GBPUSD164hour/candle chart review ::: strong bullish chart accumulation ::: setup still valid as of right now ::: higher risk strat: SHORT at market ::: exit at 3400/3440 later ::: if shorting near market open ::: make sure you use a tight SL ::: in progress focus on buying low ::: recommended strat: BUY DIPS 3400/3440 ::: currently not the best spot to trade though ::: primary option: focus on buying dips / accumulation ::: bulls should wait for re-test near range lows to BUY ::: speculative IHS setup BULLS ::: BULLS will target re-test of neckline ::: HIGH RISK setup so do ::: your OWN DUE DILL ::: based on mid-term outlook ::: expecting more gains in GBPUSD ::: TP1 +500 TP2 +750 pips ::: good luck traders 🔸 Supply/Demand Zones ::: 3400 fresh demand zone ::: 4200 fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment short-term: BEARS/PULLBACK ::: Sentiment outlook mid-term: BULLS
RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
bro i'm expecting Head will be in 1.33051 area because first point it was 161.8 Level Second point this level also in 200 ema support level in weekly time frame third point was this level act more than 5 time as strong resistance in weekly final point was it was double bottom neckline of monthly time frame
ProjectSyndicate
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supplementary to above. strong setup in GOLD market.
XAUUSD H16: TP 2000 USD SWING: XABCD Bulls Best level to BUY(UPD