GBPUSD Long Update

193
GBPUSD looks to be starting a small reversal to return to the extreme of the leg on the daily chart.
I want to see the 4h LH broken before price moves back down to our entry levels breaking the double bottom that's almost formed on the hourly.
Trading opportunities will be:
  1. Long trades targeting the 2 1h POI zones above 4h LH (these are higher risk trades).
  2. Short trades after the 4h LH has been broken to the long trade entry zone.
  3. 2 long entries.


Long entries are 10:1 and 14:1 making this a very high reward trade opportunity.
Follow for more updates.
Note
Long entry opportunity on the 5m chart with the 17:55 candle being the entry zone. Target is new high above 15:00 candle on the 1h chart. Trade is 5.22:1.

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.