British Pound / U.S. DollarUpdated GBPUSD long entry at 1.4163
Hi traders,
On the GBPUSD we can see a clear triangle forming.
I am looking for a long entry around 1.14163 area.
My reasons for this:
Entry: 1.4163
Stop: 1.4097
Target 1: 1.42715
Target 2: 1.44
Best of luck!
On the GBPUSD we can see a clear triangle forming.
I am looking for a long entry around 1.14163 area.
My reasons for this:
- Trendline hit
- Previous structure
- 61.8 or 31.8 fib retracement
Entry: 1.4163
Stop: 1.4097
Target 1: 1.42715
Target 2: 1.44
Best of luck!
Trade active
Note
Looked a bit dodgy, but the trendline seems to be holding on the daily chart.Trade closed: stop reached
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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.