LOOKING TO BUY GBP/USD FROM 1.19 BANKING LEVEL
BUY LIMIT 1 : 1.19000
STOP LOSS: 1.18800 (20PIPS)
TAKE PROFIT: 1.22600 (330 PIPS)
RISK TO REWARD 1:15
BUY LIMIT 2: 1.18700
STOP LOSS: 1.18500 (15PIPS)
TAKE PROFIT : 1.22600 (360 PIPS)
RISK TO REWARD 1:23
WAIT FOR BULLISH REVERSAL CANDLE IN AREA OF 1.18700-1.19000
IF LIMIT ORDER IS TRIGGERED MOVE STOP LOSS TO BREAK EVEN ONCE GU IS UP 50 PIPS (1.19500)
DO NOT ENTER THIS TRADE IF PRICE BREAKS BELOW 1.18700 THIS WOULD BE INVALID
BUY LIMIT 1 : 1.19000
STOP LOSS: 1.18800 (20PIPS)
TAKE PROFIT: 1.22600 (330 PIPS)
RISK TO REWARD 1:15
BUY LIMIT 2: 1.18700
STOP LOSS: 1.18500 (15PIPS)
TAKE PROFIT : 1.22600 (360 PIPS)
RISK TO REWARD 1:23
WAIT FOR BULLISH REVERSAL CANDLE IN AREA OF 1.18700-1.19000
IF LIMIT ORDER IS TRIGGERED MOVE STOP LOSS TO BREAK EVEN ONCE GU IS UP 50 PIPS (1.19500)
DO NOT ENTER THIS TRADE IF PRICE BREAKS BELOW 1.18700 THIS WOULD BE INVALID
Note
PRICE TOOK OFF INVALID SETUPDisclaimer
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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.