I'm taking a quick intra-day buy on GBPUSD, capitalizing on a breakout and strong market momentum driving price action upward.
Entry Type: Buy
Main Reason: Breakout confirmation with momentum supporting the move.
Target Profit (TP): 20 pips
Stop Loss (SL): ~30 pips
Risk-to-Reward Ratio: 1:0.66
This trade is based on the breakout above a key resistance level, supported by momentum indicators and market conditions aligning for a short-term bullish push. It's designed to be a quick, high-probability trade within the day's range.
Stay disciplined and manage your risk! 🚀📈
Feel free to adjust according to your trading plan!
Entry Type: Buy
Main Reason: Breakout confirmation with momentum supporting the move.
Target Profit (TP): 20 pips
Stop Loss (SL): ~30 pips
Risk-to-Reward Ratio: 1:0.66
This trade is based on the breakout above a key resistance level, supported by momentum indicators and market conditions aligning for a short-term bullish push. It's designed to be a quick, high-probability trade within the day's range.
Stay disciplined and manage your risk! 🚀📈
Feel free to adjust according to your trading plan!
Ricky Andrade also known as @RiskyRicky
(Founder of Market Masters, Inc.)
(Founder of Market Masters, Inc.)
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.
Ricky Andrade also known as @RiskyRicky
(Founder of Market Masters, Inc.)
(Founder of Market Masters, Inc.)
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.