British Pound / U.S. Dollar

Long

Updated

GBP/USD : Long entry

Weekly trend + Fib 61.8 ( H4 ) + Fib 23.6 ( D1 ) + Stoch/RSI oversold ( will be ) + h1 trend's + support zone : High R/R trade

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Waiting for a breakout of this 2 week uptrend , if so , I think it will reach the entry price .
Look for a reversal sign of course .

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snapshot

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I close half position with +30 pips profit .
Other half is breakeven .

#Riskmanagement

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snapshot

Should go higher

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Boom

Trade closed manually

I've took a nice profit on this one , now im out .

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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.