Get started
nick2497

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

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
nick2497 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns LONG Bullish Patterns GBPUSD Supply Zone Demand Zone support Support and Resistance uptrend h4
1
0
trendanalysis harmonicpatterns chartpattern long bullish gbpusd supplyzone demandzone support supportandresistance uptrend h4
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.