GBPUSD Trade Plan
Chart shows a bullish divergence between price and RSI, alongside an inverse head and shoulders pattern, indicating a potential bullish reversal.
The trade setup suggests a buy stop above the neckline at 1.27268, with a stop loss at 1.25861 (below the lower low).
Profit targets are TP1 at 1.28680 (first resistance) and TP2 at 1.30080 (higher resistance).
Ensure confirmation with a strong breakout above the neckline.
Partial profits can be taken at TP1, moving the stop loss to breakeven for a risk-free trade.
If the price closes below 1.25861, the setup is invalidated, and no entry should be made.
The trade setup suggests a buy stop above the neckline at 1.27268, with a stop loss at 1.25861 (below the lower low).
Profit targets are TP1 at 1.28680 (first resistance) and TP2 at 1.30080 (higher resistance).
Ensure confirmation with a strong breakout above the neckline.
Partial profits can be taken at TP1, moving the stop loss to breakeven for a risk-free trade.
If the price closes below 1.25861, the setup is invalidated, and no entry should be made.
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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.
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.