DollarTradr

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Joined USA
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPUSD 100% | 2
DollarTradr DollarTradr GBPUSD, 60, Long ,
GBPUSD: GBPUSD Dips ... Possible lower high
36 0 1
GBPUSD, 60 Long
GBPUSD Dips ... Possible lower high

The GBPUSD has been setting higher lows for some time now. On the hourly chart we see the *potential* of buyers coming in to create another higher-low. Ideally, our stop would be below the previous low at 1.5630, however that does not give us a great risk/reward ratio. Instead we will assume that the wicks seen on the hourly to be the early signs of a new ...

DollarTradr DollarTradr GBPUSD, D, Long ,
GBPUSD: Weak USD
50 0 1
GBPUSD, D Long
Weak USD

If the USD continues to correct (see Dollar Index charts below), the GBPUSD is an excellent place to capitalize on that weak USD DXY https://www.tradingview.com/x/EJPHsu7u/ USDOLLAR https://www.tradingview.com/x/Iw7YVwrx/

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