Gbpusdbuy
GBP/USD LONG IDEA #DAYTRADEHey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
GBP/USD: Daytrade-Preparation
Notice: LOW risk please as POUND can be very shaky due to brexit-talks!
Market-Buy: 1,29605
Stop-Loss: 1,29270
Target 1: 1,29955
Target 2: 1,30130
Target 3: 1,30345
Stop-Loss: 34 pips
Risk: 0,5% - 1%
Risk-Reward: 2,15
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPUSD - SWING - 16. SEPT. 2020Welcome to our weekly trade setup ( GBPUSD )!
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1 HOUR
Strong bullish market open and pressure.
4 HOUR
Bearish market about to change direction, good long entries!
DAILY
Overall very bullish market in a pullback!
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FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.29660
SL @ 1.27880
TP @ 1.32080
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPUSD - Potential Buy setup using convergence at 1.3200 Taking a look at the price action on GBPUSD we can see a potential level of support set up for a possible move higher at around the 1.3200 big figure.
As you can see from the 1 Hour chart, we have a possible convergence of factors that could increase the probability for a move higher.
The 1.3200 level being a big figure level in general is psychological level but what can help strengthen this point is the liquidity gap that was created by price spiking higher on the 28th August (marked with a pink arrow). These 2 factors alone could have additional order flow resting at this level which could cause a reaction in price higher.
Lastly, we can also see a descending diagonal trend line that could also meet at the same point if price starts to sell off currently, again increasing the probability of the level to react.
If price gets to this level and goes straight through it then no action is needed and the trade is void, but if we can see a bounce occur here we will go down to our lower time frames and see if we can find any additional signals like a bullish price pattern or structure that could help in fine tuning a possible execution point.
We will update this accordingly.
gbpusd - trade idea for 28 Aug 2020Hi all traders,
Morning!
Today i only identify one trade idea which is GU
For now this pair is in a range mode, you can take a trade following the trend line as shown.
If this pair stop at the top of the range OR break the trend line then the range is still intact.
Good luck!
Cheers!