GBPUSD short.
BXY potential weakness coming this week.
DXY looking like it will gain some strength off the support trendline this week.
However we do see the potential for GBPUSD to break to the upside for one more leg first!
We have entered with our standard "small lot" (0.05 per $1,000 balance), however you may want to consider going half of that.
-55pips SL
+307pips TP
[GBPUSD is a strong pair! On our 1.00 normal “small lot” our SL = -$553 & our TP = +$3,074]
GBPUSD was taken on a H4 chart & we’d give it a 70% probability for success. SL is pretty tight for the setup. We can easily see it moving one more leg up first (tapping our SL), keep all of this in mind. Consider going 0.02per $1K balance or less. You can always add to your position.
BXY potential weakness coming this week.
DXY looking like it will gain some strength off the support trendline this week.
However we do see the potential for GBPUSD to break to the upside for one more leg first!
We have entered with our standard "small lot" (0.05 per $1,000 balance), however you may want to consider going half of that.
-55pips SL
+307pips TP
[GBPUSD is a strong pair! On our 1.00 normal “small lot” our SL = -$553 & our TP = +$3,074]
GBPUSD was taken on a H4 chart & we’d give it a 70% probability for success. SL is pretty tight for the setup. We can easily see it moving one more leg up first (tapping our SL), keep all of this in mind. Consider going 0.02per $1K balance or less. You can always add to your position.
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.
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.