📌 GBP/USD Long Setup – Wait for Price to Return
💥 Plan the trade. Let it come to you. Don’t chase.
📍 Entry: 1.34701 (wait for price to return here)
🛑 Stop Loss (SL): 1.34494 (20.7 pips)
🎯 Take Profit (TP): 1.35204 (50.3 pips)
📊 Risk-to-Reward (RR): 1:2.43 ✅
🧠 Reasoning:
Price tapped the demand zone and wicked back up
We wait for price to retrace back to 1.34701
Clean rejection zone visible on M15 for confirmation
💥 Plan the trade. Let it come to you. Don’t chase.
📍 Entry: 1.34701 (wait for price to return here)
🛑 Stop Loss (SL): 1.34494 (20.7 pips)
🎯 Take Profit (TP): 1.35204 (50.3 pips)
📊 Risk-to-Reward (RR): 1:2.43 ✅
🧠 Reasoning:
Price tapped the demand zone and wicked back up
We wait for price to retrace back to 1.34701
Clean rejection zone visible on M15 for confirmation
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.
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.