Buy Entry On GBPUSD
Supply & Demand zone Concept .
On 1hr chart of GBPUSD price BOS to the Upside & turned to the uptrend & come to retest the leave behind FVG + Demand zone . After retesting the Demand zone market make Bullish candle on 1hr timeframe which is showing Buying pressure in to the market so I decided to go Long .
Entry Price - 1.19346
Stop Loss - 1.19156
Take Profit - 1.22703
Risk Reward = 1:17.67 RR
Note - Don't risk more than 0.25% in one trade , We need to keep our fund safe to take more opportunities in this market & specially to alive in this market.
Supply & Demand zone Concept .
On 1hr chart of GBPUSD price BOS to the Upside & turned to the uptrend & come to retest the leave behind FVG + Demand zone . After retesting the Demand zone market make Bullish candle on 1hr timeframe which is showing Buying pressure in to the market so I decided to go Long .
Entry Price - 1.19346
Stop Loss - 1.19156
Take Profit - 1.22703
Risk Reward = 1:17.67 RR
Note - Don't risk more than 0.25% in one trade , We need to keep our fund safe to take more opportunities in this market & specially to alive in this market.
Trade closed: target reached:
TP 1 hit