GBPUSD H1: BEST Level to BUY/HOLD TP +150/+300 pips (SL/TP/NEW)

4 nov. 2022

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GBPUSD H1: BEST Level to BUY/HOLD TP +150/+300 pips (SL/TP/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more gains.

🔸 Summary and potential trade setup
::: GBPUSD 1hour/candle chart review
::: strong bullish chart accumulation
::: in progress focus on buying low
::: recommended strat: BUY DIPS 4100/4130
::: TP +150/+300 pips SL 80 pips
::: currently not the best spot to trade though
::: primary option: focus on buying dips / accumulation
::: bulls should wait for re-test near range lows to BUY
::: and focus on buying low later once pattern is validated
::: based on mid-term outlook
::: expecting more gains in GBPUSD
::: TP1 +150 PIPS TP2 +300 PIPS
::: good luck traders
🔸 Supply/Demand Zones
::: 0980/1080 fresh demand zone
::: 1440 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BULLS

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