This is a GBP/USD trading chart showing a technical analysis setup. Here’s what’s happening:
Entry Zone: Highlighted area around 1.26839, where a potential short (sell) entry is expected.
SL (Stop Loss): At 1.27375 — the price at which the trade would be exited to limit losses.
TP1 (Take Profit 1): At 1.26253 — the first target for profit-taking.
TP2 (Take Profit 2): At 1.25796 — the second target if the price continues to fall.
TP3 (Take Profit 3): At 1.25153 — the most ambitious target for maximum profit.
The arrows and lines predict potential price movements after entering the trade. It shows an expectation of the price dropping after hitting the entry zone, with potential retracements before reaching lower targets.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Entry Zone: Highlighted area around 1.26839, where a potential short (sell) entry is expected.
SL (Stop Loss): At 1.27375 — the price at which the trade would be exited to limit losses.
TP1 (Take Profit 1): At 1.26253 — the first target for profit-taking.
TP2 (Take Profit 2): At 1.25796 — the second target if the price continues to fall.
TP3 (Take Profit 3): At 1.25153 — the most ambitious target for maximum profit.
The arrows and lines predict potential price movements after entering the trade. It shows an expectation of the price dropping after hitting the entry zone, with potential retracements before reaching lower targets.
ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT FOR YOUR TRADES.
ITS JUST MY ANALYSIS OR PREDICTION LET'S SEE WHAT WILL HAPPEN IF YOU LIKE MY IDEA SO SUPPORT ME AND BOOST TO APPRECIATES.
Trade active
trade active and also 50+pips running wait for the target 1 and also for the final target. enjoy friends.
Note
target 1 smashed 90+ pips booked still holding for target 2 and for final target with breakeven.
traget smart not hard.
Note
target 2 smashed 130+ pips booked now wait for the final target.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.
💰 *Bullion Buzz*: Where gold trading meets modern insights—stay ahead in the market with real-time trends and expert tips. ✨
t.me/bullionbuzz
t.me/bullionbuzz
Related publications
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.