GBPUSD has actually reached a level from which it has great potential for decline, mainly due to the upper end of the parallel channel .
Low volume (LONG TERM!) as well as achieving the upper line of the parallel channel are good prerequisites for this decision.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
Low volume (LONG TERM!) as well as achieving the upper line of the parallel channel are good prerequisites for this decision.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
Trade active:
TP 2 REACHED :-)
Trade closed: target reached:
TP 3 REACHED 😊