BUY GBPUSD @ 1.142????
Time to BUY GBPUSD going off the Weekly charts as we approach the 1.14 2020 low I expect it to hit this level early next week.
Can already see MACD divergemce appearing on the 4hr charts will hinting of a move up is around the corner given that are
Approaching the key 1.14 support makes this a great trade.
Will start building into a LONG position early next week, will target the last weekly low that was taken out 2 weeks ago at 1.176 as a first target, stop loss wil be well under the 1.14 low
I expect long term price to rally back up into the mid 120's
Can already see MACD divergemce appearing on the 4hr charts will hinting of a move up is around the corner given that are
Approaching the key 1.14 support makes this a great trade.
Will start building into a LONG position early next week, will target the last weekly low that was taken out 2 weeks ago at 1.176 as a first target, stop loss wil be well under the 1.14 low
I expect long term price to rally back up into the mid 120's
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Get Your FREE Copy of The Trader's Edge – Mental Strategies for Market Success! -thetradingedge.net/the-traders-edge
Join Telegram group -t.me/+T7V_JSiKKsliMTJl
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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.