GBPUSD keeps giving and simply does.Strategy for this week is highlighted; sell at the zone and look for buy around 33683.
Zones/Levels are calculated based previous Week X's difference High & Low (dHL)
Trade Parameters:
sl: 10-15pips
dTP: dynamic TP means because momentum can push fast past say 33683, TP is a soft target. However typically 5-10x
As always price action determines trades.
Trade active
Price broke past zone for a recalculated level at 34505Sell Entry made at 499
currently pinching +20pips
Sl be
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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.
Related publications
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.