Well, in this technical analysis we have all news. Look: If you trade in H1 timeframe, I see a lot of bullish divergence what the price have force to continue up. So, it's basically important for us.
We have a large bullish rising wedge in H4 timeframe and it's so beautiful this chartist pattern. Now, there are a highly possibility to see a GBP so bullish in the next days, and now, fi you kept this position in long, I make sure you that you have all possibility for longer in this position only put in long posiiton. Because we are soon that GBP/USD is break up the rising wedge and we now completely the elliot wave correction E.
Now, making a see we appreciate an armonic pattern ABCD and that is an bullish indication + MACD bullish divergence.
Now, above of these screenshoot we see a nice structure so bullish for the next days that maybe it's could be extent from 1 week with few days to reach the $1.27 USD.
Also, I add 3 targets in the price label for see!!!
Now, as I make this operation in H4 timeframe I put a Target Profit near of 400 pips and a SL of 64 pips. Well my buy order limit is in the $1,2276 USD
Giao dịch đang hoạt động
But more important that is to hope confirmation of price action. That is the key of success!!!
Giao dịch đang hoạt động
Wow sterling is up today a lot, so it's reccomendaly for you to put a break even in the entry price, you dont loss or earn, but you earn 0 pips to protect this position for longer!!!
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.