I am looking to buy GBPUSD for short term trading next week. 1. H1 chart still uptrend, the price still above MA 62. 2.For short term entry, I am looking to buy at demand zone and stop lose below the demand zone. 3.Risk/Reward at least 1:2 30:60 Pips 4. In case the ( found very long bearish candle stick) just waiting , Do nothing, no need to trade.
Sell GBPUSD. the price was rejected from supply zone. Risk:Reward = 1:2
Long Gold for short term, Entry above demand zone, Risk:Reward = 1:2
Sell gold, The price was break out down side from demand zone.
Risk Reward 1:3 the price was rejected from supply zone
Long at Demand zone, Stop loss below previous demand zone, Risk Reward = 1:3
the price confirmed rejection from supply zone. Risk:Reward 1:2
Sell GBPUSD at supply zone. Risk:Reward 1:3 Stop Loss -30 Pips Target 60-90 Pips