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British Pound / U.S. Dollar

GBP/USD BUYS - 11.06.21

By Roma_Trades
Updated
Ranging... yet again, looking for a quick buy if the price creates support... I believe a big move will come in the US session so just looking for a fake out trade... maybe a sell if it does breakout of the range.. we'll see
Comment
entered a long position at 1.41652.. ideal entry was 1.41631, lets see how this holds up.. will manage my risk if the structure continues to break down to minimise any risk
Comment
So far so good, we had a double bottom at around 1.41601.. extended my target to 1.41930
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stopped out, minor loss.. re-entered at 1.41555, same idea, same target
Comment
BE 2nd trade... done for today....
analysisfridayfriyayGBPIDEAloltradeTrend AnalysisUSD
Roma_Trades

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