Hello traders.
The first trade setup of the new week is in GBPUSD. In 1D chart, there is a chance for Z wave. The minimum target will be 1.44 if it makes an up impulse. At least it should make a correction after sharp down move. That's why I think taking a long trade can be a good idea. I have placed an entry order. I hope it will come down before taking me in.
The first trade setup of the new week is in GBPUSD. In 1D chart, there is a chance for Z wave. The minimum target will be 1.44 if it makes an up impulse. At least it should make a correction after sharp down move. That's why I think taking a long trade can be a good idea. I have placed an entry order. I hope it will come down before taking me in.
Trade closed: stop reached
It took me in with 1 pip and stopped me out with 1 pip. What a price action.
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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.