Long GBPUSD
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Since last month's candle was a bull candle, I am looking for bull moves on the daily time frame such as this one.
Price broke through the moving average. This suggests a possible move even higher.
My pending orders sit at fibonacci retracement levels 1.0, 78.6, 61.8, 50.0, 38.2, 23.6, 0.0.
Each order has a stop loss of 30 pips. Risk is less than 2% per trade.
No take profit target is set for this trade. The ways in which I will exit the trade is by stop out, manually closing at my discretion, or holding until the end of the month.
Price broke through the moving average. This suggests a possible move even higher.
My pending orders sit at fibonacci retracement levels 1.0, 78.6, 61.8, 50.0, 38.2, 23.6, 0.0.
Each order has a stop loss of 30 pips. Risk is less than 2% per trade.
No take profit target is set for this trade. The ways in which I will exit the trade is by stop out, manually closing at my discretion, or holding until the end of the month.
Nota
Monthly time frame analysis. Last month was a bear candle, therefore I expect this month to be bearish as well.
Nota
*Last month was a bull candle, therefore I am looking for bull signals on the daily time frame.*
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.