Gbpusdbuy
GBP/USD Long Idea (5/8/19) 4HR Chart GBP/USD Short Idea (5/8/19) 4HR Chart
- Currently had a reversal at the disturbance level I drew up on the 1HR (orange)
- Had a quick rejection on the monthly support level @ 1.30000 also the 100% fib retracement level.
- With the dollar getting ready to fall, the orange disturbance level seems to be a good spot to place an entry, with the targets set to the micro
level @ 1.3250
GBP/USD Buy limitGBP/USD Buy limit activated
()Mercado tenia estructura alcista en 4h y 1h , formando 2 H.H y 2 L.H
() bullish trend line respected en los previous lows.
Orden de entrada en compra fue puesta en la zona de precio 1.30515 una zona de soporte, en confluencia con el fib zone 0.786.
twin trade: TP1- 30.4 pips risk: 26 pips (2)
TP2-64.4 pips
British Pound / U.S. Dollar GBPUSDGBPUSD is following the above channel so time your entry right with your longs on a one hour time frame.
Also be prepared for a break in channel at some point (not for now) , which will break to the downside.
At the moment current movement is consolidation, so a big move to follow.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes