GBPUSD : Buy
Looks like a good area for entry now
:)
Great risk reward, tight stop loss
:)
Great risk reward, tight stop loss
Note
Entry around 1.2845 - 1.286Stop loss must be tight, i.e. 10 - 30 pips away from the lowest point.
This is an anti short term trend trade, so management of stop loss must be aggressive as well.
Note
Haven't entered this trade yet. Probably wait and see what happens on monday.
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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.