British Pound / U.S. Dollar

Updated

GBPUSD FLAG

Interesting flag on gbpusd. I will update this as soon as the price gets out of the flag

Note

missed the action so far. let's see if it breaks and tests the 1.25 zone

Note

The price is at a very interesting zone. We have a hidden divergence on macd so a bullish move might come again. If not, we want to see the trendline broken, a correction and then it will be a good time to short.

snapshot

Trade active

I went long based on the m30 bullish candle. Sl 1.2450, TP:1.2560

Trade closed: stop reached

It broke the bullish trend. Atm we might see a correction up to 1.246 and then it should fall

Note

Worked pretty well after all

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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.