GBPUSD Buy projection
Trading Plan:
1.Market Context:
Overall Market Structure: Bearish.
Current Time Frame (1 Hour): Bullish, indicating a temporary pullback or counter-trend rally.
2.Entry Plan:
Trigger: Enter long when the price touches your trendline, which aligns with the 1-hour bullish move.
3.Target:
Exit: Near the next resistance level, where the bullish momentum might lose steam.
1.Market Context:
Overall Market Structure: Bearish.
Current Time Frame (1 Hour): Bullish, indicating a temporary pullback or counter-trend rally.
2.Entry Plan:
Trigger: Enter long when the price touches your trendline, which aligns with the 1-hour bullish move.
3.Target:
Exit: Near the next resistance level, where the bullish momentum might lose steam.
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.