Alhamdulillah this week three ideas all successful with profit of 280 pips, At the time of writing GBPUSD is trading at 1.3660 level, the pair got rejected from 1.3745 level where as monthly resistance is at 1.3753, break and closure above 1.3753 is necessary on Daily time frame for further upward till 1.3950, if we get break and closure above 1.3753 level on H4 expect limited move till 1.3780 to 1.3800 so we shall be looking for buying opportunities around 1.3624 buy point 1, 1.3580 buy point 2 and 1.3560 buy point 3 with target 1.3745 and if we get closure above 1.3753 level than take profit will be 1.3780 and 1.3800 if we keep getting upper closure than expect 1.3850.
This plan is valid till we get price as mentioned above on reverse side if we get Daily and 4 hourly closure below 1.3540 than we will not buy will look for selling opportunities idea will be shared accordingly i will use proper money and risk management.
Disclaimer : Its not financial advice only for educational purpose
This plan is valid till we get price as mentioned above on reverse side if we get Daily and 4 hourly closure below 1.3540 than we will not buy will look for selling opportunities idea will be shared accordingly i will use proper money and risk management.
Disclaimer : Its not financial advice only for educational purpose
Comment:
what a bounce of 35 pips closed at 35 pips profit will re enter buy again total pips for the week 315 Alhamdulillah
Comment:
we shorted the pair last night from 1.3678 those who are in contact with me i had informed them closed sell at 65 pips now will look for buying
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Profit Floating
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Closed 50 pips so far 115 Pips in two days will wait again for buying
Trade closed: target reached