Break nice zone + Nice continuation correction in GBPUSD
you can wait for confirmation to Buy
SL: 50 pips
TP: 200 pips
money management really important!
Let's cook'n some pips
@mdrtrader
In D time frame and 4H time frame we are in bullish corrective move phase and price reached the important Daily resistance area and also yesterday price managed to formed a shooting star candle which is showing us the the selling intend of the participant.
In 1H time frame we have 144 EMA just above the price which act as a resistance and also last 1H candle was...
Hey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
GBP/USD: Daytrade-Preparation
Notice:
ALL trades we take ahead the FOMC-Meeting are risky!
Keep your risk low or stay out. ;-)
Market-Buy-Order: 1,29180
Stop-Loss: 1,28655
Target 1: 1,29690
Target 2:...
This pair has seen to be rejecting the area of 1.30000 and is currently on a key support level, potential upside movment to 1.32000 is very likely as it has to tap the region of monthly/weekly resistance. May see possibility for this pair to perform a double bottom as of the date 3rd may to confirm its rejection to make higher legs to create higher high.
