GBPUSD on the 1H time-frame.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Strategy in range trading will open SELL order at the upper channel and hold on.
3. Follow up a SELL order position when the price breakout the channel.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Strategy in range trading will open SELL order at the upper channel and hold on.
3. Follow up a SELL order position when the price breakout the channel.
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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.