GBPUSD 1.31632 - 0.1 % LONG IDEA * PRICE ACTION & STRUCTURE
Updated
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
AS FED CHAIR POWELL GIVES HIS SPEECH SEEING SOME STREGHTH INJECTED INTO THE DOLLAR, HERE'S A LOOK AT THE POUND / DOLLAR
* The PAIR has been on a build up or rather formation of a beautiful text book H&S formation, A break of structure possibly signals continuation to the up-side.
- Short term the pair is in a down trend on the 4h chart this should it respect structure looking for continuation towards the upside.
- Looking for long entries on the THE PAIR this week should all the rules of the formation be met as I sit on my hands on this one and await that break-out SEE CHART BELOW.
https://www.tradingview.com/x/j8qRCu2Q/
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
AS FED CHAIR POWELL GIVES HIS SPEECH SEEING SOME STREGHTH INJECTED INTO THE DOLLAR, HERE'S A LOOK AT THE POUND / DOLLAR
* The PAIR has been on a build up or rather formation of a beautiful text book H&S formation, A break of structure possibly signals continuation to the up-side.
- Short term the pair is in a down trend on the 4h chart this should it respect structure looking for continuation towards the upside.
- Looking for long entries on the THE PAIR this week should all the rules of the formation be met as I sit on my hands on this one and await that break-out SEE CHART BELOW.
https://www.tradingview.com/x/j8qRCu2Q/
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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