Market Structure: New Trend in the market
Area of Value: Trendline Bounce
Entry: Bullish Candle at bounce
Exit if Right: Tranches in TP (watchout EMA50 Daily)
Exit if Wrong: Break of market structure
RRR: 1:2
Confluence: GBP is strong in fundamentals
USD is week due to inflation Report
Area of Value: Trendline Bounce
Entry: Bullish Candle at bounce
Exit if Right: Tranches in TP (watchout EMA50 Daily)
Exit if Wrong: Break of market structure
RRR: 1:2
Confluence: GBP is strong in fundamentals
USD is week due to inflation Report
Trade active
Move your SL to entry priceOrder cancelled
SL hit at entry price. We came out of the trade unscathed
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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.
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.