GBPUSD- 30 Minutes time frame
Entry Zone: The entry point appears to be just above the current price action, within a marked grey zone. This could be a potential demand zone or retracement area following the bullish move.
Stop Loss: Your stop loss is set slightly below the entry zone, around 1.30577, which seems to protect against further downside should the price not respect this level.
Take Profits:
Take Profit 1 is around 1.31021, which represents the first target after a potential upward movement.
Take Profit 2 is higher at 1.31388, which likely represents a significant resistance level or Fibonacci retracement zone.
CHOCH (Change of Character): This indicates that you expect a potential bullish reversal after a downward trend, with price breaking through a resistance zone.
This trade setup suggests you are anticipating a bullish trend after the recent downward move. The strategy seems to be based on a retracement and entry within a demand zone, targeting key resistance levels for profit.
Let me know if you'd like more specific analysis or adjustments!
Stop Loss: Your stop loss is set slightly below the entry zone, around 1.30577, which seems to protect against further downside should the price not respect this level.
Take Profits:
Take Profit 1 is around 1.31021, which represents the first target after a potential upward movement.
Take Profit 2 is higher at 1.31388, which likely represents a significant resistance level or Fibonacci retracement zone.
CHOCH (Change of Character): This indicates that you expect a potential bullish reversal after a downward trend, with price breaking through a resistance zone.
This trade setup suggests you are anticipating a bullish trend after the recent downward move. The strategy seems to be based on a retracement and entry within a demand zone, targeting key resistance levels for profit.
Let me know if you'd like more specific analysis or adjustments!
Trade attivo
Trade ActiveNota
Take Profit 1 Acieved Trade chiuso: stop raggiunto
Partialy booked profit on tp 1
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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.