GBPUSD future one or two week trend analysis
Aug 15 and Oct 31 may form GBPUSD 1.269 double bottom shape. Oct 12 -> Oct 31, short trend has been broken today.
So , what do I plan to do next?
I will waif for one or two day minor fall back, then take 50% long position, stop loss at 1.269, first target 1.292, second target 1.307, third target 1.324. My get-in price should be below 1.280, otherwise, the profit-loss ratio of the first target maybe not enough.
now, just wait and watch 1-hour level , wait for price fall .. the chance will come maybe tomorrow or maybe next Monday.
BTW, if the price go above long term third target 1.324 and stand steady above , long position will be very very happy..
So , what do I plan to do next?
I will waif for one or two day minor fall back, then take 50% long position, stop loss at 1.269, first target 1.292, second target 1.307, third target 1.324. My get-in price should be below 1.280, otherwise, the profit-loss ratio of the first target maybe not enough.
now, just wait and watch 1-hour level , wait for price fall .. the chance will come maybe tomorrow or maybe next Monday.
BTW, if the price go above long term third target 1.324 and stand steady above , long position will be very very happy..
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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.