Gbpusdbuy
#GBPUSD Uptrend Movement With rish:reward=3.5#trading stratergy
#GBPUSD Uptrend Movemet
time frame 3 hours.
breakout from parallel channel.
Buy at 1.20718, Target 1.22331, SL 1.20257
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GBPUSD Possible Upside Move till 1.26197 for LongGBPUSD Update: Good opportunity to buy for long term, Running @ strong support level from 15 may 2020.. We can expect a massive bullish move from this demand area..
Our Target: 1.26197
Note: If price break this support level then, stay away from this pair...
Use proper risk management
Best of luck 🤞
What is your view on this idea? please share in the comment section :)
CONTINUATION ON GU BUY CHEAPEST PRICE
LONGS FROM LOWEST PRICE POSSIBLE 1.38000-1.38250
quick overview
Looking at gu we can see that we have been in a very strong uptrend as we have broken above the 1.37400 level we was ranging around that region swell for a couple days until recently we have seen a break above that previous level and now we are starting to go towards the 1.40 level which is a strong banking level we have quite a lot of imbalance in this region above so I our target will be in the 1.40
we have two entries for gu we are only looking for buys as the trend has not changed also we haven't had a deeper pullback so we are due to have one at some point I have two target areas of interest 1.38 banking level and the 1.38250 region we have some confluences in this region so we will be looking to see how it goes
ENTRY 1 : 1.38250 - BUY LIMIT
STOP LOSS : 1.38130 (-12 PIPS )
TAKE PROFIT : 1.40000 (+175 PIPS)
RISK TO REWARD : 1;13
S2(INTRADAY)(APM MAX)
EXHAUSTION TRADE
71%
GBPUSD WEEKLY FORECASTGBPUSD price now in resistacne zone what we can except...
1) RED
Price can Make a little correction moves downwards upto 1.31200 and then it can move upwards
Wait for Price Confirmation @ 1.31200 and then GO LONG...
Take Profit @ 1.32600
2) BLUE
Price move to new support level Where it will meet upwards trendline @ 1.29950 - 1.300000
Wait for Price Confirmation @ 1.29950 and then G0 LONG....
Take Profit @ 1.31000
3) PINK
Price move towards a Major support zone @ 1.28580
Wait for Price Confirmation @1.28580 and then GO LONG...
Take Profit @ 1.29800
GBPUSD buy : Rising Broadening WedgeThe pair has formed a rising broadening wedge pattern on daily basis, where yesterday, the prices turned from the lower trendline of the pattern, rebounding from the crucial support of 1.20200, creating a double bottom. The prices can reach the level of 1.22860 with an intermediate target at 1.21606. On the other hand, initial support lies at the 1.20200 and then at 1.91533.