GBPUSD, 4hr tf, double bottom reach 1st target
Hello my friends,
On April 9th i saw a potential double bottom of GBPUSD mirrorring XAUUSD chart movement.
I posted about my buy position and stop loss.
Two weeks later and price has reached our first take profit.
For those who missed this chance, i am gonna share my second plan for buying GBPUSD.
I think we will see some retracement first before continue going up in this pair.
I will wait for price to retrace towards 1.3850-70 area to initiate buy order.
Buy GBPUSD 1.3855
Stop loss 1.3800
Take profit 1.4040 (3.3R)
Use only 1-2% risk
Good luck
On April 9th i saw a potential double bottom of GBPUSD mirrorring XAUUSD chart movement.
I posted about my buy position and stop loss.
Two weeks later and price has reached our first take profit.
For those who missed this chance, i am gonna share my second plan for buying GBPUSD.
I think we will see some retracement first before continue going up in this pair.
I will wait for price to retrace towards 1.3850-70 area to initiate buy order.
Buy GBPUSD 1.3855
Stop loss 1.3800
Take profit 1.4040 (3.3R)
Use only 1-2% risk
Good luck
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