GBPUSD Long - 6 to 1 - Against Trend?
Hello all - DuncanForex here with another trade idea
I am looking for GBPUSD to go long - even though it is at resistance - if the highs of 1.2088 are broken - I think there is scope to reach the 1.2175 area
This is based on short term sentiment and a strong upwards leg today which I think after a small retracement could continue an AB=CD retracement tomorrow.
A few buy stops are in place - lets see how it plays out.
Thanks for looking at my trade idea
The website is now live, head over for great free content
Thanks
Duncan
I am looking for GBPUSD to go long - even though it is at resistance - if the highs of 1.2088 are broken - I think there is scope to reach the 1.2175 area
This is based on short term sentiment and a strong upwards leg today which I think after a small retracement could continue an AB=CD retracement tomorrow.
A few buy stops are in place - lets see how it plays out.
Thanks for looking at my trade idea
The website is now live, head over for great free content
Thanks
Duncan
Note
a close up view below Note
buy stop not triggered on initial plan - looking for buy stop to activate on the following 
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.