nick2497

GBPUSD LONG (H4) POTENTIAL 60%~ chance (not enough to commit)

Long
FX:GBPUSD   British Pound / U.S. Dollar
To be honest, this for me is like a 60/ 40 trade at best, I'm not too sure. This trade would be mostly theory or using very low risk. I don't like the price action here with the bull wick rejection on H4 and congestion around 100 ema --- it's a potential uptrend in infancy stage. Retested support twice, looking to target the supply zone around 200ema.

TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
Trade closed: stop reached
Order cancelled

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