GBPUSD in bulls control!
Based on the chart, price reached a major support area and a strong rejection have happened recently. This happening can show the strength of buyers at this area and on the other side a weakness on sellers because their attempt to pull down the market was failed by a strong Engulfing Candlestick.
So based on this scenario I opened a buy position with a good risk reward ratio to me (about 1:3)
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
So based on this scenario I opened a buy position with a good risk reward ratio to me (about 1:3)
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
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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.