Gbpusd : buy qnd sell set up
Traders,
"Please notice this is not a call to buy right now"
We monitor price in gbpusd for two side trades:
- buy at 1.2620~1.2640 for a target at 1.2755
- we may get another possible sell at 1.2755~1.2770 for a target under last low.
For each of this trades we need confirm at first stage ,which means lower time frames accumulation/distribution in the zone we want enter a trade.
Stop loss in each one stand 20 pip under our enter point.
R:R -1-5
Have a nice day
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.