GBPUSD Quick Intra-Day Buy Setup
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.)
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