GBPUSD Expected Move 1hr/4hr
Hello Traders!
1. We see GBPUSD taking curved support with all the bullish scenarios. The market has been in consolidation for a long time.
2. Most expected targets have been marked on the chart.
3. The suggestion is to keep stops tight but definitely not too tight. Do take some buffer.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
1. We see GBPUSD taking curved support with all the bullish scenarios. The market has been in consolidation for a long time.
2. Most expected targets have been marked on the chart.
3. The suggestion is to keep stops tight but definitely not too tight. Do take some buffer.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
Trade active
Comment:
Downtrend broken. 30 min tf.
Comment:
1st Target hit!
Trade closed manually:
Stopped at entry point after 1st Target.