Long GBPUSD
Today price is opened with huge gap. Usually it means that price a hug momentum. I think it is good time to open long position. The target is 1.29. It is swing trade which can take from few days up to week or weeks. The SL is below the last LL.
Trade active
The 4h candle with wicks in the bottom confirmed my idea. I moved my SL to breakeven to 1.25788Note
The idea still valid, right now the price reached some resistance and will stay here until next week due to US holidays. Then next week the price will continue the move.Trade closed manually
Closing this trade with profit. Looks like the price would like to create a new LL. If I see that it has momentum to go higher I will open again.
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.
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.