GBPUSD Sounds a good buy opportunity!
Based on the chart, we can found a very good market range since about 26 days ago! So we should have a good strong support and resistance which took price among them. An now price is on the support zone and remember before this ranging market, we had a good uptrend movement!
So I opened a buy position at this support area and will hold it until it reaches to the specified areas on the chart which can provide me a reasonable risk reward ratio(about 1:3.5)
Note: As always please take all risk management rules into consideration before opening any position on the market.
Good Luck!
So I opened a buy position at this support area and will hold it until it reaches to the specified areas on the chart which can provide me a reasonable risk reward ratio(about 1:3.5)
Note: As always please take all risk management rules into consideration before opening any position on the market.
Good Luck!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.