GBP/USD Long Entry
Updated
Large amount of upside potential here. Prepped and ready for a push up / retest of prior support. Will be continuing to monitor the DXY to better predict price action. I see minimal amounts of risk. Risk/Reward ration on all 3 take profit levels is very good.
Looking for the break of the upper trendline for maximium take profit potential. Position is currently open and am actively trading this pair at the time.
Looking for the break of the upper trendline for maximium take profit potential. Position is currently open and am actively trading this pair at the time.
Trade active
Holding off on buying now, currently holding under lower trendline. I believe this is probnably a fake break under as bull divergence is looking very good on 1HR and 4HR time frame. On Daily chart we have not yet broken the low set in April 2024 which I am watching very closly. Trade closed: stop reached
Will re-enter at later date.
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