TradingForexPriceAction

GBP/USD Long Entry Update

Long
FX:GBPUSD   Sterlina / Dollaro
Hey Guys!

I'm still waiting for a pullback to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3748 for a Long Entry.

On the last post I mentioned that if price reaches the 4h trendline break back in pivot low, I can expect some short strength.

However, at the next pivot low a " 1M v-shape recovery" formed and price regained its long strength.

I'll publish again when the next possible set up that shows short strength appears.

Lets see what happens! Fingers crossed!

Have a great day!

Ken

Disclaimer: This is not Personal Financial Advice.


Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis
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.