Gbpusdbuy
GBPUSD - WEEKLY SWING - 06. MAR. 2019WELCOME TO DACAPITAL-TRADING!
GBPUSD FOREX BREAKDOWN 06 MAR 2019
1 HOUR
Strong bearish pullback of over 50% in a bullish trend
4 HOUR
Small pullback and good long entrys now!
DAILY
Overall bullish trend with a pullback, expecting market to rise a lot.
LEVELS
BUY GBPUSD
ENTRY @ 1.31430
SL @ 1.30350 (110 Pips)
TP @ 1.33070 (160 Pips)
RR: 1.50, use half of normal risk!
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GBPUSD buy pattern. Try to catch long profitMonday, Tuesday and Wednesday - has main news for GBP pairs.
But pair has big long impulse on 7 feb. And next - 3 lower lows on correction.
So right now we can open long position on GBPUSD on 1.2920
SL on - 1.2851 - near 70 pips - big SL so use not big order volume.
TP - 1.3100 and RiskRewardRatio - 2.64.
GBP/USD LONG 1/07/19 Target 1.3Here we have GBP/USD. The pound currently is above the key level of 1.2750, if we can remain above 1.2750 then I believe we can push all the way up to 1.3, Which would be a huge push so it wouldn't be the best "short term" target but definitely a good "medium term" Target. If we fail to break above 1.275 then We could fall to 1.25 but I am personally leaning more towards 1.29-1.3 being met in the near future.
Let me know what you think about my TA and comment below!