- Trade Strategy: Trend Trading - Sideway Bounce Setup
- Key Levels: Key Support at 1.2461, Target at 1.2502
- Profit Potential: 41 pips (410 USD/lot)
Analysis:
- Trade Strategy: Trend Trading - Sideway Bounce Setup
- Key Levels: Key Support at 1.2461, Target at 1.2502
- Profit Potential: 41 pips (410 USD/lot)
Trade Plan:
- Long Opportunity: Consider going long at 1.2461 for a trend trading opportunity
- Take Profit: Set initial target at 1.2502 for a profit potential of 41 pips
- Risk Management: Implement effective risk management techniques to manage potential losses
Insights:
GBPUSD presents a trend trading opportunity with a Sideway Bounce setup, offering a buying opportunity at the Key Support level of 1.2461. Traders can aim for an initial target at 1.2502, providing a profit potential of 41 pips. It's essential to closely monitor price action and adhere to risk management principles for successful trading outcomes. Share your insights and trade plan below!
📈 Capitalize on the trend trading opportunity presented by GBPUSD, leveraging the Sideway Bounce setup for potential profits within the current market conditions!
- Key Levels: Key Support at 1.2461, Target at 1.2502
- Profit Potential: 41 pips (410 USD/lot)
Analysis:
- Trade Strategy: Trend Trading - Sideway Bounce Setup
- Key Levels: Key Support at 1.2461, Target at 1.2502
- Profit Potential: 41 pips (410 USD/lot)
Trade Plan:
- Long Opportunity: Consider going long at 1.2461 for a trend trading opportunity
- Take Profit: Set initial target at 1.2502 for a profit potential of 41 pips
- Risk Management: Implement effective risk management techniques to manage potential losses
Insights:
GBPUSD presents a trend trading opportunity with a Sideway Bounce setup, offering a buying opportunity at the Key Support level of 1.2461. Traders can aim for an initial target at 1.2502, providing a profit potential of 41 pips. It's essential to closely monitor price action and adhere to risk management principles for successful trading outcomes. Share your insights and trade plan below!
📈 Capitalize on the trend trading opportunity presented by GBPUSD, leveraging the Sideway Bounce setup for potential profits within the current market conditions!
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🏦 Qualify Junior Analyst within 90days
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Get into our 15mins workday community
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Live session & Trading Tips on the GO
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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.
🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.