GBPUSD Long idea for the coming weeks
Looking on the charts, im going to aim for a long position on GBPUSD.
On the 4hour chart, previous wicks rejecting more downside as it looks.
Also we are in a nice orderblock area and resistance area
Going for a buy limit around 1.25785
Stoploss: 1.25451 (just below the last longest 4h previous wick)
TP1: 1.27089
TP2: 1.28650
TP3: 1.29090
If it would fall below that 4h long wick(which is touching the bottom of the purple zone) then im not interested anymore in a long position.
On the 4hour chart, previous wicks rejecting more downside as it looks.
Also we are in a nice orderblock area and resistance area
Going for a buy limit around 1.25785
Stoploss: 1.25451 (just below the last longest 4h previous wick)
TP1: 1.27089
TP2: 1.28650
TP3: 1.29090
If it would fall below that 4h long wick(which is touching the bottom of the purple zone) then im not interested anymore in a long position.
Comment:
nopee
