TradingView
TheTradersAvenue
Jun 2, 2021 7:01 AM

GBPUSD > Simple Setup For a Buy!! Long

British Pound/U.S. DollarFXCM

Description

Analysis on #GBPUSD

Hello friends.

Falls breakout above 1.4235 yesterday that collected so many stop losses and went back to close inside the range, if you waited for the 4 hours candle to close you wouldn't have fallen in this trape, which I explained on my analysis " link below this idea"

I still want to buy this market up if provided a good entry with a good risk to reward near the structure support.


if this setup delivered value to you, like and comment
Check today analysis below⠀

>>It’s not what we do once in a while that shapes our lives. It’s what we do consistently.

____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Comments
Adamh-FX
Good analysis, Thanks.
The pair might touch 1.4050 before bouncing back. let's see if the support 1.41 will hold.
TheTradersAvenue
@Adamh-FX, thank you for the comment
More