🚀 GBPUSD UPDATE: BULLISH Setup
Summary:
Analysing price action from yesterday, breakout from the Daily timeframe accumulation zone has materialized with strong conviction.
TRADE SETUP Metrics:
- Entry: [BOS] ✅
- Stop loss - Below Support Zone
- Target 1: (R:R 1:2)🎯
- Target 2: (R:R 1:3)🎯
- Target 3: (R:R 1:4)🎯
Technical Anticipations:
- Price action to show a Bullish follow-through
- Support zone to hold
Position Management:
- partial profits secured at Target 1
- Stop loss adjusted to breakeven upon reaching Targets
- Final Target 3
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Tidypips: "Keep It Clean, Trade Mean!"
Summary:
Analysing price action from yesterday, breakout from the Daily timeframe accumulation zone has materialized with strong conviction.
TRADE SETUP Metrics:
- Entry: [BOS] ✅
- Stop loss - Below Support Zone
- Target 1: (R:R 1:2)🎯
- Target 2: (R:R 1:3)🎯
- Target 3: (R:R 1:4)🎯
Technical Anticipations:
- Price action to show a Bullish follow-through
- Support zone to hold
Position Management:
- partial profits secured at Target 1
- Stop loss adjusted to breakeven upon reaching Targets
- Final Target 3
LIKE or COMMENT if this idea sparks your interest, or share your thoughts below!
FOLLOW to keep up with fresh ideas.
Tidypips: "Keep It Clean, Trade Mean!"
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.