GBPUSD Long analysis

Par Sentinalx
Mis à jour
we have seen GU moving exactly as per plan.
its has been supported by 1.3520 resistance and bounced off with H1 being bullish. we can initiate a long position here at 1.3535 approx with a stop at 1.3478. tp should be 1.3587 . DXY has met resistance and retrace is likely . moreover Mean price reversion bias also supports the setup as it has been a downtrend for last 10 H4 candles. plz do not take the trade any further from 1.3587 as there remain another strong resistance their.

best of luck
Transaction en cours
Commentaire
Stops to entry on the setup
we are risk free and 30 pips up

best of luck

time of trade : 4 hours
Trade fermée: cible de profit atteinte
ALHAMDULILLAH
Chart PatternsTechnical IndicatorsTrend Analysis

Clause de non-responsabilité