GBP/USD long (buy) position at 1.3425, with:
Target: 1.3700 (270 pips)
Stop Loss: 1.3300 (40 pips)
Risk/Reward Ratio: 40:170 ≈ 1:4.25 (solid RR)
Solid risk/reward ratio.
Price is approaching a key resistance level at 1.3450, showing potential for a breakout.
Trend is clearly upward, with a strong support trendline indicating bullish momentum.
Potential upside of 170 pips supports a swing or trend-following trade.
Risks:
Close stop loss (40 pips) means market noise could hit it unless the trend continues strongly.
News events (e.g., central bank decisions, economic data releases) could trigger volatility, so watch for announcements that might affect GBP/USD.
False breakouts or a quick reversal at the resistance zone could lead to losses.
Tips:
Confirm price action near 1.3300 (previous support) with technicals (e.g., moving averages, trendline confirmation).
Use proper position sizing—don’t risk more than 1-2% of your capital.
Consider scaling out partial profits near resistance levels before 1.3600 to lock in gains
Target: 1.3700 (270 pips)
Stop Loss: 1.3300 (40 pips)
Risk/Reward Ratio: 40:170 ≈ 1:4.25 (solid RR)
Solid risk/reward ratio.
Price is approaching a key resistance level at 1.3450, showing potential for a breakout.
Trend is clearly upward, with a strong support trendline indicating bullish momentum.
Potential upside of 170 pips supports a swing or trend-following trade.
Risks:
Close stop loss (40 pips) means market noise could hit it unless the trend continues strongly.
News events (e.g., central bank decisions, economic data releases) could trigger volatility, so watch for announcements that might affect GBP/USD.
False breakouts or a quick reversal at the resistance zone could lead to losses.
Tips:
Confirm price action near 1.3300 (previous support) with technicals (e.g., moving averages, trendline confirmation).
Use proper position sizing—don’t risk more than 1-2% of your capital.
Consider scaling out partial profits near resistance levels before 1.3600 to lock in gains
Trade active
ENTRY FROM 1.34255 NOW TOUCH 1.3550 RUNNING 130+ PIPS RUNNING HOLD AND WAIT FOR MY TARGET
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.
t.me/Smart_Money_Flow_SMF
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
Forex, Gold & crypto Signals with detailed Analysis .
t.me/Smart_Money_Flow_SMF
Gold Signals With proper TP & SL
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.