GBPUSD Long *Gap Trade*
Updated
GBPUSD Long opportunity by utilising the weekend gap down on open.
The rest of the analysis for a long bias is the bullish trendline, fib 0.618 retracement and the structure zone at this level on the chart.
Stop loss = 50pips
I will move my stop loss to breakeven when the gap is closed.
The rest of the analysis for a long bias is the bullish trendline, fib 0.618 retracement and the structure zone at this level on the chart.
Stop loss = 50pips
I will move my stop loss to breakeven when the gap is closed.
Trade active
Comment
Weekend gap is now closed. You could now secure profit here or reduce your risk.Comment
GBP bullish momentum now in play... I am taking some profit at 1.31 because I have this known as a reaction zoneTrade closed manually
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