With GBPUSD breaking previous support Friday on 1H timeframe, we are expecting a short term buy retest to reach 100MA and continue a drop on 4H timeframe to 100MA since its been a while price visited 100ma on 4H
We try to keep our explanation as simple possible for new traders and the ones interested in starting trading to understand.
We try to keep our explanation as simple possible for new traders and the ones interested in starting trading to understand.
Trade closed: target reached:
10 pip profit hit on GBPUSD 1h resistance.
Trade active:
After hitting resistance on the 1h timeframe and price not making a higher high, we are expecting a sell to reach 100ma on the 4H timeframe as the original idea with this idea.
Let's see what the market brings
Let's see what the market brings