Hi everyone!
I'm looking at this entry.
GBPUSD
SELL LIMIT @ 1.37890
Stop Loss: 1.37939 (Add Spread)
TP 1 (1R): 1.37840 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 1.37742 (50%)
TP 3 (5R): 1.37643 (/0.5 off)
TP 4 (10R): 1.37397 (/0.5 off)
REASON: Strong resistance from this area before, will be keeping an eye on the DXY ias it is at a key area. Will need to be patient and see how it reacts from the area feel free to move the entire up by about 2.5 Pips, i see some reasons to go a touch higher.
I'm looking at this entry.
GBPUSD
SELL LIMIT @ 1.37890
Stop Loss: 1.37939 (Add Spread)
TP 1 (1R): 1.37840 (Stop Loss→Break-Even / Scale-In)
TP 2 (3R): 1.37742 (50%)
TP 3 (5R): 1.37643 (/0.5 off)
TP 4 (10R): 1.37397 (/0.5 off)
REASON: Strong resistance from this area before, will be keeping an eye on the DXY ias it is at a key area. Will need to be patient and see how it reacts from the area feel free to move the entire up by about 2.5 Pips, i see some reasons to go a touch higher.
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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.