GA is a great pair for beginners. It trends well and gives up lots of pips!
Currently we are in the indecision zone and the overall direction is a downtrend and structure is building to the downside which we can use as another confluence. Third confluence-
RSI showing overbought and the rule for my RSI entry is: Red over blue crossing over Red = Entry
(Hopefully you get it lol)
I will be entering this trade once price falls below 1.79400 and targeting 1.78900.
Total pip count for this trade: 80pips
Total Risk: 30 pips
Risk to Reward: 2.8:1
Please like and comment as you see fit. I'm trying to build my reputation on trading view. I will be posting more consistently and would love to start a small community of traders to grow and earn with!
Thanks in advance guys & welcome to
#WakeUpInProfit
Currently we are in the indecision zone and the overall direction is a downtrend and structure is building to the downside which we can use as another confluence. Third confluence-
RSI showing overbought and the rule for my RSI entry is: Red over blue crossing over Red = Entry
(Hopefully you get it lol)
I will be entering this trade once price falls below 1.79400 and targeting 1.78900.
Total pip count for this trade: 80pips
Total Risk: 30 pips
Risk to Reward: 2.8:1
Please like and comment as you see fit. I'm trying to build my reputation on trading view. I will be posting more consistently and would love to start a small community of traders to grow and earn with!
Thanks in advance guys & welcome to
#WakeUpInProfit
Note
Taking profit on this pair at 50 pips. GBP pairs will give up AT LEAST 50 pips during NYSE and rather than being greedy and trying to catch all 80 pips, Ill take the 50 and go enjoy a stress free, chartless weekend :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.