Look at the GBPUSD chart to find entry opportunities that are supported by several advantages supporting the setup. I saw that after the increase GBPUSD tried to retest its demand zone. This will support the Buy setup with some supporting data if the price:
1. Trend is still bullish.
2. Price enters the RBR demand zone
3. In the demand zone there is support.
4. There is an EMA 200, as a trend reading limit
The most important thing is that every risk setup has been measured.
Note: any risks regarding the GBPUSD idea plan on this account are not our responsibility, please keep your trading safe.
1. Trend is still bullish.
2. Price enters the RBR demand zone
3. In the demand zone there is support.
4. There is an EMA 200, as a trend reading limit
The most important thing is that every risk setup has been measured.
Note: any risks regarding the GBPUSD idea plan on this account are not our responsibility, please keep your trading safe.
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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.