GBPUSD 30min Analysis April 13th, 2021
Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.3740. We will then wait for 1.3740 to act as support. Enter on strong bullish setups, first targeting our point of control at 1.3780
Trade Scenario 2: Bearish - For us to go short we want to see price retrace back to our edge of value at 1.3740. We will then wait for price to reject and 1.3740 to act as resistance. Enter on strong bearish setups, first targeting our edge of value at 1.3700
Trade Scenario 2: Bearish - For us to go short we want to see price retrace back to our edge of value at 1.3740. We will then wait for price to reject and 1.3740 to act as resistance. Enter on strong bearish setups, first targeting our edge of value at 1.3700
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.