GBPUSD Buy Idea Analysis
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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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.