GBPUSD Buy Idea Analysis
Updated
Stoploss below 4hour supply zone 1.2722
Entering on this supply zone around 1.273
Target is at least a 50% retracement at 1.2777
Coincidently it is also the previous day low.
Entering on this supply zone around 1.273
Target is at least a 50% retracement at 1.2777
Coincidently it is also the previous day low.
Note
4hr candle closing above 4hr supply zone (OB+ 4H).
closing above previous support 1.2479
Good bullish sign
Note
Trade closed manually
Trade active
New entry Note
Reentered Trade closed manually
closing on market open with some profit. I do not like the Friday pre-market close price action.
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