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GBPUSD POTENTIAL BUY SETUP

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Price has been trending down and has reached a key support level on the daily.

If price respects this level, I will wait for an inner trendline break to open a long entry.

Overall, if this has happened, price is pulling back for a retracement to eventually continue down.

The Take Profit 3 area is 61.8% of the entire move down and is a key level.
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If price does not respect this level, I would wait for it to break through, retest and enter for the sell.

If we are signaled for a sell, I expect price to travel to the long term support zone ~1.14XXX
Not
Bird's eye view...

ekran görüntüsü
Not
This looks a little messy, but I am taking an entry off of the 15 min chart. Waiting for price to retrace to the .382 to .5 level to ride the wave up.

ekran görüntüsü
İşlem kapandı: hedefe ulaştı

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.