GBPUSD: Trade setup for next week (scalp/day trade)Check out the chart and let me know what you think!
GBD
GBPUSD: Double TopFirst time in Forex!
GBP looks to be setting up a double top. I bought at the orange line, but a safer buy would be confirmed break below the neckline (blue line). The double top target lands right at the green horizontal line, which is major support. Stop can be pretty tight. This is why I chose this trade, it has a great risk to reward! Hopefully the first forex trade is a success!
Pennant pattern on gpb/cadPennant pattern often confirms a continuation of a trend if it breaks its cone. I'm looking at buying opportunity. SL would be if price goes below it. TP would be looking for 100ish pips.
