GBPUSD 60min Bullish TCT
GBPUSD in the short term is making Higher Lows and Higher Highs.. So I consider this to be an Uptrend. Everytime Price has pulled back to support I've bought. I just added my 3rd contract here since my other (2) Contracts are already at Breakeven.
Stops - 1 ATR Below last swing low AND below the 1.44 even handle.
Target#1 - Retest of most recent highs
Target #2 - Retest of Previous highs
Target #3 - 1.27% Fib Extension
Stops - 1 ATR Below last swing low AND below the 1.44 even handle.
Target#1 - Retest of most recent highs
Target #2 - Retest of Previous highs
Target #3 - 1.27% Fib Extension
Trade closed: target reached
Target #1 Hit.. Rest of the contracts were stopped out @ Breakeven
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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.