LONG ON GBPUSD FOR A LOT OF REASONS EXPLAINED!
Hello traders i hope you are having a great trading week.
Let's see a long trade on GBPUSD with a very high propability of success and a good P/L ratio.
TECHNICAL OBSERVATIONS
1.First of all we have an ascending very well repsected trend line.
2.We have also a good support level due to previous price structure levels.
3.We also have a very good support level as we see with the Ichimoku strategy.
4.We have a long bias as we are above the Ichimoku green cloud.
5.200EMA is below price acting as a support and favoring long trades.
6.Stochastics are at oversold levels ready for a rally.
7.We have a completion of an advanced bullish pattern with targets at the horizontal red lines.
8.Be careful tommorrow of the anouncements concerning GBP and USD.
POSSIBLE LONG TRADE
ENTRY PRICE AT 1,28850
STOP LOSS AT 1,28100
FIRST TARGET T1 AT 1,130130
SECOND TARGET T2 AT 1,31140
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFITS!
Let's see a long trade on GBPUSD with a very high propability of success and a good P/L ratio.
TECHNICAL OBSERVATIONS
1.First of all we have an ascending very well repsected trend line.
2.We have also a good support level due to previous price structure levels.
3.We also have a very good support level as we see with the Ichimoku strategy.
4.We have a long bias as we are above the Ichimoku green cloud.
5.200EMA is below price acting as a support and favoring long trades.
6.Stochastics are at oversold levels ready for a rally.
7.We have a completion of an advanced bullish pattern with targets at the horizontal red lines.
8.Be careful tommorrow of the anouncements concerning GBP and USD.
POSSIBLE LONG TRADE
ENTRY PRICE AT 1,28850
STOP LOSS AT 1,28100
FIRST TARGET T1 AT 1,130130
SECOND TARGET T2 AT 1,31140
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFITS!
Trade active
Trade closed: stop reached
Note
Better short trade set up right now..Note
Back into the ascending trend line and we are looking to lock some profits soon.Trade closed: target reached
Second target reached keep following for more profits!
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.
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.