BestForexTradingSignals

GBPUSD - 5 Reasons For A Daytrade Buy!

Long
FX:GBPUSD   British Pound / U.S. Dollar
Buy #GBPUSD Plan

First Entry was at 1.3565
Second Entry is pending order at 1.3543
Stop is at 1.3511
Target is at 1.3609

I have 5 reasons to buy GBPUSD for a daytrade.

1. Currency Strength Meter GBP is strong USD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bullish Divergence Signal

The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.

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The trading strategy is fully explained in video below
Trade closed: target reached

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