I will open Sell near 1.2662
because:
- The price broke down the 1-month accumulation
- Daily trend is bearish
- Near 1.2662 the best risk/reward ratio
After 100 like, I will write, when is the best to open a position with (Stop loss and Take profit points) (if the price hit by all criteria.)
because:
- The price broke down the 1-month accumulation
- Daily trend is bearish
- Near 1.2662 the best risk/reward ratio
After 100 like, I will write, when is the best to open a position with (Stop loss and Take profit points) (if the price hit by all criteria.)
Note
Price come close to sell Zone Note
I will open Sell if the price will make fake broke of 1.2661 and H1 close under that level.
Entry near 1.2662 - 1.2650
S/L: 1.2689
T/P: 1.2505
Note
GBP/USD UpdateThe price is making pullback to a key level.
Many traders asked me, can they open entry now/
At this moment the price 1.2615, your stop loss should be above 1.2680
For me the risk of 65 pips is too big, that's why I wait on a pullback.
If you love risky entries you can Ope Sell now.
I wait when the price will make pullback to 1.2660 and I will open entry. Because there my risk will be 30 pips. And I will be able to get risk/reward ratio 1 to 5 or even 1 to 10.
Trade closed: target reached
Those who opened sell near 1.2620 you can close 50% of position and hold it without risk.Trade closed: target reached
The price moved down 150 pips today
Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
🔷👉 instagram.com/yuriy_bishko
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
🔷👉 instagram.com/yuriy_bishko
Related publications
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.
Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
🔷👉 instagram.com/yuriy_bishko
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
🔷👉 instagram.com/yuriy_bishko
Related publications
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.