GBPUSD slips due to election & terrorist attack issue. Technically I am still bullish bias on this pair. Going in LONG with risk reward 1 : 2.7
Reason :
- 1.2780~90 is a strong support area in Daily TF @ fibs level 38.20%
- Double bottom & Higher High forming in lower TF.
- If this support break, next buying area will be 1.2740 area @fibs level 50% before SL.
- Potential to reach next resistance points :
Entry point Long : 1.2795 area ; TP1 : 1.2865 area, TP2 : 1.2905, TP3: 1.2980 ; SL 1.2830 area
Risk Reward 1: 2.7
Trade safe everyone despite of many news ahead ; Always remember to trade with stop-loss, market is crazy & cunning*
Reason :
- 1.2780~90 is a strong support area in Daily TF @ fibs level 38.20%
- Double bottom & Higher High forming in lower TF.
- If this support break, next buying area will be 1.2740 area @fibs level 50% before SL.
- Potential to reach next resistance points :
Entry point Long : 1.2795 area ; TP1 : 1.2865 area, TP2 : 1.2905, TP3: 1.2980 ; SL 1.2830 area
Risk Reward 1: 2.7
Trade safe everyone despite of many news ahead ; Always remember to trade with stop-loss, market is crazy & cunning*
Trade active:
+60pips on hand now, will GBPUSD break 1.2870 & cross above my EMA21? lets see
Trade active:
Re-entry at lowest using BUY LIMIT hitted @ 1.2770 area. Currently doubled my position for more profit.
Still, trade with cautious everyone!
Still, trade with cautious everyone!
Comment:
TP2 : 1.2905 hit ! took some nice profit here.
Comment:
Trade active:
After yesterday movement. Currently this pair is sitting' on previous resistance (now support), a further upside can be expected. Target 1.2980-1.30
Comment:
This pair is currently struggling to break above 1.2900. I've personally closed my position with some profits despite of no trades position over the weekend.
Trader can choose to hold until target. Good Luck
Trader can choose to hold until target. Good Luck