ANTICIPATING TRADES BY APPLYING TRADING STRETEGY
Analysis of GBPUSD Forex pair carried out on 12 Sep 2024 by applying following trade strategy:-
1. Bearish trend
2. Bullish Divergence
3. No continuation pattern
4. Double Bottom reversal pattern formed
5. Bullish Harmonics pattern AB=CD pattern formed and chart near point D, PRZ
6. Anticipated that chart will go bullish by making HHs & HLs
7. Initiated two trades on MT4 by marking buy stop on break out of LH and stop loss at LL as no HL is still formed
1. Bearish trend
2. Bullish Divergence
3. No continuation pattern
4. Double Bottom reversal pattern formed
5. Bullish Harmonics pattern AB=CD pattern formed and chart near point D, PRZ
6. Anticipated that chart will go bullish by making HHs & HLs
7. Initiated two trades on MT4 by marking buy stop on break out of LH and stop loss at LL as no HL is still formed
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.