Hey tradomaniacs,
still see a bullish move in GBP/USD 👉
The current correction looks pretty weak compared the the previous impulse.
Price seems to find its bottom right at the key-support-area and has shown more multiple fakeouts to the downside.
Additionally we see that the market begins to accept higher prices and volume doesn`t really chase the downside anymore.
Remember that we closer we got to the election the higher in the risk we trade with as news will decide what happens.
Market is overall playing a lot and DXY has failed to break through resistance the third time now.
I`m preparing and watching this setup.🙏
GBP/USD: Daytrade-Preparation
Notice: This is meant to be a prepartion for you. As always we will have to wait for a confirmation!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
still see a bullish move in GBP/USD 👉
The current correction looks pretty weak compared the the previous impulse.
Price seems to find its bottom right at the key-support-area and has shown more multiple fakeouts to the downside.
Additionally we see that the market begins to accept higher prices and volume doesn`t really chase the downside anymore.
Remember that we closer we got to the election the higher in the risk we trade with as news will decide what happens.
Market is overall playing a lot and DXY has failed to break through resistance the third time now.
I`m preparing and watching this setup.🙏
GBP/USD: Daytrade-Preparation
Notice: This is meant to be a prepartion for you. As always we will have to wait for a confirmation!
- Market-Buy: 1,30280
Stop-Loss: 1,29850
Target 1: 1,30710
Target 2: 1,30955
Target 3: 1,31425
Stop-Loss: 43 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,60
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Trade active
Note
Target 1 reached +47 pips
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.