Hi Traders,
Please see my latest idea regarding GBP/USD.
We have a golden cross on daily MA as well as retest of support, now resistance.
This is a 1:6 risk to reward ratio but would require you to hold the position for sometime.
Despite holding this trade it could be big gains, stop loss can be set slightly lower increasing risk to reward and potential profits.
Please trade with caution.
Manage stop loss according according to take profits met.
TH from RT_Trading
Please see my latest idea regarding GBP/USD.
We have a golden cross on daily MA as well as retest of support, now resistance.
This is a 1:6 risk to reward ratio but would require you to hold the position for sometime.
Despite holding this trade it could be big gains, stop loss can be set slightly lower increasing risk to reward and potential profits.
Please trade with caution.
Manage stop loss according according to take profits met.
TH from RT_Trading
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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.
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.