GBPUSD LONG [REPOST]
Updated
TECHNICAL ANALYSIS: if fully based on analysis wise, I will be bullish towards the GBPs. We may see rejection from 1.24242 area as it is a strong support. However, we will see price head below slightly before shooting up. I wouldn't short/buy at the moment.
CURRENT SITUATION: I will wait for price to enter SP1 before entering a buy position for a nice risk to reward ratio. I will also wait for LTF price action signal telling me to buy upon entering for higher probability.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
CURRENT SITUATION: I will wait for price to enter SP1 before entering a buy position for a nice risk to reward ratio. I will also wait for LTF price action signal telling me to buy upon entering for higher probability.
*Please note that I am no professional trader, like most of you people. I am still learning and know that trading is only a possibility game. My analysis does not mean it is a signal for entry. If you would like to enter with my analysis, please see if it matches with your analysis & thoughts. I will not be liable for any losses incurred :D *
Order cancelled
another win to portfolio.Trade closed: target reached
another win to portfolio.
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