GBPUSD supply zone + psychological level allow a juicy buy setup
Hi everybody! today we gonna procede to a quick scalp on GBPUSD
First thing we can notice is that the psychological level of 1.38000 resisting well.
the price already bounced on it 3 times meaning the bears are losing strength.
So buying is interesting since it could be the beginning of a strong leg up
breaking above EMAS and alowing them
to cross bullish therefore confirming the movement.
the bullish engulfing serve as a nice entry setup
with tight SL
let's go!
exceptionally ill reduce my risk per trade for this one. rather than 2% im gonna put 0.5% since this is a scalp and usually i day trade using h1/h4/D charts.
First thing we can notice is that the psychological level of 1.38000 resisting well.
the price already bounced on it 3 times meaning the bears are losing strength.
So buying is interesting since it could be the beginning of a strong leg up
breaking above EMAS and alowing them
to cross bullish therefore confirming the movement.
the bullish engulfing serve as a nice entry setup
with tight SL
let's go!
exceptionally ill reduce my risk per trade for this one. rather than 2% im gonna put 0.5% since this is a scalp and usually i day trade using h1/h4/D charts.
Giao dịch đang hoạt động:
if you would like a safer entry you can enter when price will allow you the second entry option (at the retest)
persoent its without remorse that i enter. risk is already reduced, everything good
persoent its without remorse that i enter. risk is already reduced, everything good
Bình luận:
this is how the target was fixed using harmonic pattern strategy
Bình luận:
took half profit now
reentry is possible soon with normal risk and more classic SL height
reentry is possible soon with normal risk and more classic SL height
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