GBPUSD Long
Two long setups on GBPUSD.
Price has broken CHOC on 1h.
First target is 4h LH and second target is 4h supply zone at daily extreme.
Price has broken CHOC on 1h.
First target is 4h LH and second target is 4h supply zone at daily extreme.
Note
Short 3.66:1 trade on the 5m with entry being the 9:25am candle and target being our long 1h entry.Note
Price has reached 5m short entry if you want to take that short term trade. Looking for price to move back down to our long entry position nowNote
5m short stopped out. Now just waiting for price to pull back to long entry zoneNote
Price is nearing the 4h LH. If this level is broken then CHOC on 4h will suggest short term up trend. The target for this long will be the 4h Entry short zone around 1.304. That will make the 1h entry 10:1 and the 5m entry 14:1.Note
See new idea here for updates on this trade - tradingview.com/chart/GBPUSD/N7eK1gCv-GBPUSD-Long-Updated/.
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