GBP/USD 15M - I have decided to take this market long as price is yet to show signs of a deeper correction to the downside within this higher timeframe schematic. Price rejected well from this area of Demand.
Because of this I have gone ahead and placed a long position to try and capitalise on a continuation in bullish structure, this to me looks like a clearance of liquidity before a continuation higher.
This trade is currently running + 10 pips. (+ 0.5%) 0.5RR
Its important that we manage this trade accordingly, especially with us coming into the NY session, so make sure you guys look to take partials throughout and apply safety measures like SL moves.
A big well done to those of you who jumped in on this trade and those of you who got a more refined entry from the pullback that has recently just taken place, if you have any questions drop me a message or comment below!
Because of this I have gone ahead and placed a long position to try and capitalise on a continuation in bullish structure, this to me looks like a clearance of liquidity before a continuation higher.
This trade is currently running + 10 pips. (+ 0.5%) 0.5RR
Its important that we manage this trade accordingly, especially with us coming into the NY session, so make sure you guys look to take partials throughout and apply safety measures like SL moves.
A big well done to those of you who jumped in on this trade and those of you who got a more refined entry from the pullback that has recently just taken place, if you have any questions drop me a message or comment below!
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.
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.