GBPUSD: It should hold this level, else it's dead
Telah dikemas kini
The Pound reached a critical support level. If we see the market hold here, it'll go back to the top of the range, or it could even start an uptrend in the weekly or monthly.
I'd reccomend risking 1-3 average ranges down from the low if going long. I already bought a bit lower before publishing, sorry for that. I bought at 1.2222, but it's still good around here.
Good luck!
Ivan Labrie.
I'd reccomend risking 1-3 average ranges down from the low if going long. I already bought a bit lower before publishing, sorry for that. I bought at 1.2222, but it's still good around here.
Good luck!
Ivan Labrie.
Nota
Nota
54 pips from the post. Who else got in?Nota
Nota
Absolutely underwhelming turn around in the Pound, it's underperforming most currencies too. Really bad situation, if we don't hold here.Nota
I'm long once again, started with a small position and a wide stop.
Nota
I think the bottom's 100% confirmed now, reenter on dips if out.Nota
After today's action, we have good odds of marching higher progressively.Hold longs, or reenter if flat.
Nota
I'd like to add on dips to support here, watching to see if we go a bit lower.Nota
It did hold!
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
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.