TradingView
nick2497
Jul 15, 2021 2:56 PM

GBPUSD LONG (H4) POTENTIAL 60%~ chance (not enough to commit) Long

British Pound/U.S. DollarFXCM

Description

To be honest, this for me is like a 60/40 trade at best, I'm not too sure. This trade would be mostly theory or using very low risk. I don't like the price action here with the bull wick rejection on H4 and congestion around 100 ema --- it's a potential uptrend in infancy stage. Retested support twice, looking to target the supply zone around 200ema.

TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY

Trade closed: stop reached

Order cancelled

More