GBP/USD, Trading plan
Price is close to a key level 1.2775
I will open buy if the price will show fake broke because of many traders hide their stop losses under such levels. That will be a new Volume for new traders
I will open buy if the price will show fake broke because of many traders hide their stop losses under such levels. That will be a new Volume for new traders
Note
GBP/USD is close to a key levelI wait on fake broke to open buy entry, I will do it after FB only.
Note
wait on confirmationNote
I set pending order buy stop (buy above current price) above 1.2775. The price will hit buy position if there will be a pullbackNote
Price didn't make a fake brokeThe main reason why I use FB in my trading - that is a filter which saves me from bed entries.
Price didn't react properly on key level - that means we don't need to think about Buy entry at this moment, better to be out.
I will open buy if 4-hour candle will close above 1.2773
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.