GBPUSD on the 1H time-frame.
Steps:
1. The price breakout the parallel channel of uptrend and hit TP at Fibonacci 161.8% then pull back to the strong resistance line at this price level.
2. If finished this MACD (+) and the price can not breakout the strong resistance level then open SELL order and place stop loss at this price 1.37670
3. TP1: 1.36369 TP2: 1.35719 and TP3: 1.34673
Steps:
1. The price breakout the parallel channel of uptrend and hit TP at Fibonacci 161.8% then pull back to the strong resistance line at this price level.
2. If finished this MACD (+) and the price can not breakout the strong resistance level then open SELL order and place stop loss at this price 1.37670
3. TP1: 1.36369 TP2: 1.35719 and TP3: 1.34673
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.
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.