GBP long scalp, potential for swing, but monthly looks terrible.
Typically we see a bounce around here if we are showing signs of a large monthly wick with still some time left in the month. Technically we have signs of a bounce showing on the 1 hour as well.
I have two entries, with tighter and wider stops and targets respectively. A likely play for the month of May will be GBP short.
The tight stop (white) has a risk of 0.5% and the wide stop (red) has a risk of 1%
I have two entries, with tighter and wider stops and targets respectively. A likely play for the month of May will be GBP short.
The tight stop (white) has a risk of 0.5% and the wide stop (red) has a risk of 1%
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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.