GBPUSD - BUY OPPORTUNITY
Updated
Looking to Buy GU in buy areas and to close in TP areas (+30pips)
Buy 1: TP area 1 40pips. TP area 2 90pips
Buy 2: Initial profit at 30pip. then target TP area 1 68pips and then TP area 2 117pips.
Entry Criteria:
- Looking to take this setup on signs of reversal
- Will not execute BUY if price shows clear break through of Buy Areas with strong bearish momentum
- If buy executed, will look to hold trade to price area 1.3962 (depending on price action at TP areas)
Trade Safe - Risk management is key!
Buy 1: TP area 1 40pips. TP area 2 90pips
Buy 2: Initial profit at 30pip. then target TP area 1 68pips and then TP area 2 117pips.
Entry Criteria:
- Looking to take this setup on signs of reversal
- Will not execute BUY if price shows clear break through of Buy Areas with strong bearish momentum
- If buy executed, will look to hold trade to price area 1.3962 (depending on price action at TP areas)
Trade Safe - Risk management is key!
Note
BUY 2 - ActiveNote
30 pips partial hitTrade closed: target reached
TP AREA 1 HIT - 68 PIPS BANKEDNote
Looking to target price area 1.3962 with the remaining positionTrade closed: target reached
TP AREA 2 HIT - 1.3962 PA Achieved - 117 PIPS BANKED*** Trade of the Week *** Done for the Month ;)
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