Trade 6: GBP/USD - 3.9 RR Ratio
Longer Time Frame: 1D
1. Bullish Engulfing candle in a day
Shorter Time Frame: 15min
1. Flag and pole formation almost for 3 phases
2. Price took resistance at "1"
3. Price crossed below the shorter and medium HMA
4. Retraced back to between 0.382 and 0
Bias: Short
1. Expecting a pullback
2. Price crossed below HMAs in 15m and 30m
Entry:
First EMA cross under when the Shorter HMA crossed under Medium HMA or First EMA cross under when the price crossed HMAs and is taking resistance of HMAs
Target:
1. Next Support between 1.29472 and 1.29360
2. The range falls between 0.382
3. Therefore, 0.382 is the target
SL:
Above the EMA cross under 5/15min timeframe
1. Bullish Engulfing candle in a day
Shorter Time Frame: 15min
1. Flag and pole formation almost for 3 phases
2. Price took resistance at "1"
3. Price crossed below the shorter and medium HMA
4. Retraced back to between 0.382 and 0
Bias: Short
1. Expecting a pullback
2. Price crossed below HMAs in 15m and 30m
Entry:
First EMA cross under when the Shorter HMA crossed under Medium HMA or First EMA cross under when the price crossed HMAs and is taking resistance of HMAs
Target:
1. Next Support between 1.29472 and 1.29360
2. The range falls between 0.382
3. Therefore, 0.382 is the target
SL:
Above the EMA cross under 5/15min timeframe
Trade fermée: cible de profit atteinte
TP Hit
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.
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.