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Jan 12, 2022 7:56 AM

GBPUSD - 5 Reasons For A Daytrade Buy! Long

British Pound/U.S. DollarFXCM

Description

Buy #GBPUSD Plan

First Entry was at 1.3630
Second Entry is pending order at 1.3612
Stop is at 1.3574
Target is at 1.3692

I have 5 reasons to buy GBPUSD for a daytrade.

1. Currency Strength Meter GBP is strong USD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bullish Divergence Signal

The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.

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The trading strategy is fully explained in video below

Trade closed: target reached

Comments
initialjie
buy buy buy
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