GBPUSD - Looking bullish. //Trend + Key levels \\
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So let's get right to it, GBPUSD at the moment looks very bullish, it has broken trough already one triangle (If need to show the triangle, please leave a comment below to let me know) which now is a major level and it has bounced from the level. Seems like We have a nice uptrend and We can see that there is another triangle. I made the market execution and went in the trade, also remember not to use more than 2% of your money. A big part is money management, so never use more than 2% on a single trade.
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GBPUSD:
Entry point: 1.28922
TP1: 1.30000
TP2: 1.30470
TP3: 1.31000
SL: 1.27500
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For more free content, please press the "Follow" button.
Thank you and have an awesome day.
See You soon,
Richard.
If You would like to see more of trades, press that "Follow" button!
Also, don't forget to leave a comment down below, what do You think?
---------------------------------------------------------------------------------------
So let's get right to it, GBPUSD at the moment looks very bullish, it has broken trough already one triangle (If need to show the triangle, please leave a comment below to let me know) which now is a major level and it has bounced from the level. Seems like We have a nice uptrend and We can see that there is another triangle. I made the market execution and went in the trade, also remember not to use more than 2% of your money. A big part is money management, so never use more than 2% on a single trade.
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GBPUSD:
Entry point: 1.28922
TP1: 1.30000
TP2: 1.30470
TP3: 1.31000
SL: 1.27500
--------------------------------------------------------------------------------------
For more free content, please press the "Follow" button.
Thank you and have an awesome day.
See You soon,
Richard.
Trade active:
We hit the first target point nicely, let's be patient and see what happens.
Trade active:
We hit TP1 and it gave us 107 pips, which is really good. Now the market changed the direction and let's see if it bounces off the trend line and continues the uptrend. On the 1D chart, We can see that it is forming an ascending triangle, but if it breaks our support line, which is @1.27516, then We could see more of a bearish market.
Trade closed: stop reached:
Well we hit the TP1 and it changed direction and kept on going down, until it hit the SL now (-142 pips). We ended with -35pips, which is not that tragic. We will have more trades and we for sure gonna hit those TP. See you soon! 😇