GBPUSD support at 0.382 and Bullish divergency LONG
Updated
Hello fellow traders
An excellent opportunity to trade this pair since the DXY is exhausted and dollar might weaken see this pair of currencies and notice significant zone- 0.382 as a measure of the drop of the rising trade and resistance of a recent drop in lower time frame, at 1.24 and this is where I place my t/p with a 3.5 risk reward
Thsi is just an idea not a trading advise! Always trade with a figure of a loss in mind that you can handle :)
An excellent opportunity to trade this pair since the DXY is exhausted and dollar might weaken see this pair of currencies and notice significant zone- 0.382 as a measure of the drop of the rising trade and resistance of a recent drop in lower time frame, at 1.24 and this is where I place my t/p with a 3.5 risk reward
Thsi is just an idea not a trading advise! Always trade with a figure of a loss in mind that you can handle :)
Trade closed: target reached
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