Gu
GBPUSD 1H IDEATGIM, and happy trading everyone, hope you all had a wonderful Easter for those who do celebrate, and a great long weekend. Today we return to the game with my first trade idea being GBPUSD long for 170 pips reward and a risk of 63 pips should the trade not workout. Let's see how it goes and all the best for this trading week.
GU sell, have Triangle or CUP and Handle pattern tooHellooo...Dragon Friends...
I think GU start to sell it, i have vision with this pattern.
Triangle or Cup and Handle pattern.
Sell now, SL 1.3200
TP can go to 1.28XX, may can go to 1.25XX
Lets See
Happy Trading
Happy Profit
Hunting Profit
Watch ur MM and RM
Disclaimer On
GBPUSD IDEAI want to see GU fall towards our 4 hour level. I believe we will see a wick to wipe out the previous buyers before a move back up towards the highs.
I have tried to illustrate the pathway with the arrows. Please comment and like if you agree.
And I know.... another colour way lol, i have no clue what colour looks best. If you have any suggestions please help below.
Hope you all have a great month!
:)
GBPUSDGU has rejected our 4 hour resistance and 78.6% fib level. Moreover is still in our ascending channel. I believe price will push up towards the 1.33277 level, which indicates it will liquidate the shorts at 1.33.
This also gives me a stronger bias that this trade will be profitable; the DXY looks bearish as well..
The orange circle is my take profit.
Remember when placing a trade to be only risking a maximum of 1%.
This will help every trader in the long term.
I will keep you updated on this trade.
Take care.