GBPUSD LONG SETUP
Updated
ENTRY: Potential long setup around 1.24 if I see bullish PA inside the zone
The market is inside a wide range of 1.20 ~ 1.28 in daily chart.
If the market breaks below 1.24, I negate the long idea.
STOP: below the zone
TARGET: 1.28
The market is inside a wide range of 1.20 ~ 1.28 in daily chart.
If the market breaks below 1.24, I negate the long idea.
STOP: below the zone
TARGET: 1.28
Note
About to test the key level zone that I have identifiedI don't want to go long immediately after the market tests the zone.
I want to analyze price action inside the zone first (basically wait for bullish sentiment) then take a pull back long entry.
Never guess the level always trade with price action
Note
The pair first bounced off from 1.24 level as I expected.
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.