Trading plan: 49.2022
GBPUSD: Mon 05.12.2022
Last week, we had a solid bullish week.
This week, there is no strong news ahead. Price tends to go higher to 1.26. But for now, there are no good entry points to watch.
Just minor support at 1.2300 on H1.
The price might retest at 1.2150 (support on H4).
Pivot points:
1.2300 (support - H1)
1.2150 (support - H4)
1.1900 (support - D1)
1.2600 (resistance - D1)
DISCLAIMER
THIS IS NOT FINANCIAL OR TRADING ADVICE.
This analysis is just for me to keep track of my trading journal and for my review purposes.
I DO NOT recommend you follow any parts of my trading plan. I am not responsible for your trade positions based on this analysis. Furthermore, it should not be a basis or bias for taking any trade actions. The market can transform rapidly. I might change my plan or trade positions without notice.
DO your research and LOVE your money!
Happy Trade!
Last week, we had a solid bullish week.
This week, there is no strong news ahead. Price tends to go higher to 1.26. But for now, there are no good entry points to watch.
Just minor support at 1.2300 on H1.
The price might retest at 1.2150 (support on H4).
Pivot points:
1.2300 (support - H1)
1.2150 (support - H4)
1.1900 (support - D1)
1.2600 (resistance - D1)
DISCLAIMER
THIS IS NOT FINANCIAL OR TRADING ADVICE.
This analysis is just for me to keep track of my trading journal and for my review purposes.
I DO NOT recommend you follow any parts of my trading plan. I am not responsible for your trade positions based on this analysis. Furthermore, it should not be a basis or bias for taking any trade actions. The market can transform rapidly. I might change my plan or trade positions without notice.
DO your research and LOVE your money!
Happy Trade!
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