GBPUSD Sounds a good buy opportunity!
Based on the chart, we can found a very good market range since about 26 days ago! So we should have a good strong support and resistance which took price among them. An now price is on the support zone and remember before this ranging market, we had a good uptrend movement!
So I opened a buy position at this support area and will hold it until it reaches to the specified areas on the chart which can provide me a reasonable risk reward ratio(about 1:3.5)
Note: As always please take all risk management rules into consideration before opening any position on the market.
Good Luck!
So I opened a buy position at this support area and will hold it until it reaches to the specified areas on the chart which can provide me a reasonable risk reward ratio(about 1:3.5)
Note: As always please take all risk management rules into consideration before opening any position on the market.
Good Luck!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.