GBP/USD Analysis Trade Setup.
Updated
The outlook for GBP/USD appears bullish if the price reaches the support level of 1.28565 and shows bullish confirmation. At this level, there are strong signals for a potential buy entry.
Entry Point: 1.28565 (after confirmation)
Stop Loss (SL): 1.27972 (if support level breaks)
Take Profit 1 (TP1): 1.29407 (first target level)
Take Profit 2 (TP2): 1.30520 (second target level)
Ensure proper risk management; if the price hits the SL, exit the position. If bullish momentum continues, there’s a good chance of reaching TP1 and TP2 targets.
For this trade setup, it's crucial to wait for confirmation before entering a buy position, so keep an eye on price action.
IT'S JUST MY ANALYSIS OR PREDICTION. ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT OR MONEY MANAGEMENT IN YOUR TRADE.
IF YOU LIKE MY ANALYSIS SO PLEASE BOOST IT FOR APPRECIATES.
Entry Point: 1.28565 (after confirmation)
Stop Loss (SL): 1.27972 (if support level breaks)
Take Profit 1 (TP1): 1.29407 (first target level)
Take Profit 2 (TP2): 1.30520 (second target level)
Ensure proper risk management; if the price hits the SL, exit the position. If bullish momentum continues, there’s a good chance of reaching TP1 and TP2 targets.
For this trade setup, it's crucial to wait for confirmation before entering a buy position, so keep an eye on price action.
IT'S JUST MY ANALYSIS OR PREDICTION. ALWAYS USE STOPLOSS AND TAKE PROFIT AS WELL AS RISK MANAGEMENT OR MONEY MANAGEMENT IN YOUR TRADE.
IF YOU LIKE MY ANALYSIS SO PLEASE BOOST IT FOR APPRECIATES.
Trade active
Are you ready trade active.Trade closed: stop reached
price don't respest the support and candle closed below the support. it's sign for more sell.
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