This chart shows a GBP/USD (British Pound / US Dollar) trading setup on a 1-hour timeframe.
Here’s a breakdown of the chart:
Trade Plan Summary:
Entry Zone: Between 1.30402 - 1.30763
Stop Loss (SL): 1.31027 (Above the entry zone)
Initial Target: 1.29787
Final Target: 1.28835
Sell is expected from the Entry Zone
A downward move is anticipated toward the two target levels.
Trade Objective:
Initial target gives a quick exit option if price drops a bit.
Final target captures a deeper move, possibly a swing trade setup.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Here’s a breakdown of the chart:
Trade Plan Summary:
Entry Zone: Between 1.30402 - 1.30763
Stop Loss (SL): 1.31027 (Above the entry zone)
Initial Target: 1.29787
Final Target: 1.28835
Sell is expected from the Entry Zone
A downward move is anticipated toward the two target levels.
Trade Objective:
Initial target gives a quick exit option if price drops a bit.
Final target captures a deeper move, possibly a swing trade setup.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.