GBPUSD Buy trade idea
Updated
I am going to buy GBPUSD on this level. I see buyside liquidity and a resistance level to be broken. I see bearish DXY as it has mitigated on the 102.05 FVG and has given a reaction.
Confirmations for this trade:
a) Sellside liquidity taken on 1.230
b) FVG + Order Block mitigation
c) Bearish DXY
d)Buyside liquidity on 1.24600
Confirmations for this trade:
a) Sellside liquidity taken on 1.230
b) FVG + Order Block mitigation
c) Bearish DXY
d)Buyside liquidity on 1.24600
Trade active
First target reached: 1.2340. Moving SL to BE. EnjoyTrade active
Trade is 1:2 already. Taking profitsComment
More than 1:3 :)
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.