GBPUSD Potential Setup - Waiting for confirmation
Time Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
1. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715
On the Daily chart also note FVG between 1.2680- 1.2712
2. Trend Confirmation:
Price has break consolidation support at 1.2715.
Price has now rising back to Daily FVG area.
3. Position:
Entry: Waiting Confirmation
Stop Loss : 1.2720
Take Profit: 1.2500 (fibo 161.8)
RRR : 1:10x
Note: Still waiting for entry confirmation.
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
1. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715
On the Daily chart also note FVG between 1.2680- 1.2712
2. Trend Confirmation:
Price has break consolidation support at 1.2715.
Price has now rising back to Daily FVG area.
3. Position:
Entry: Waiting Confirmation
Stop Loss : 1.2720
Take Profit: 1.2500 (fibo 161.8)
RRR : 1:10x
Note: Still waiting for entry confirmation.
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Disclaimer
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