This is a reversal trade on an intraday mid-time frame perspective BUT the trade is actually WITH THE TREND on the very high timeframes. So, it's not really one of those risky reversal trades.
Potentially great RR if you put your Stop just below the Buy order block on the 4hr chart. I might post another chart of the 4HR.
It's got plenty of catchup this trade. So if it plays out like I think it may and we all know how protective they are of the Pound, it should do okay. This is a longer term trade.
There is no FOMO or rush to this trade. Technically, it could even be Shorted until it reaches the Buy Zone at the bottom of this 4HR chart.
Trade ativo
Buy GBP NZD 2.0980 to 2.1023
SL: 2.0915
TP: 2.1340
Trade ativo
Short term trade currently for GDP NZD... see below. Long Setup.
Trade ativo
This next trade is for GBP CAD Long.
It is breaking out right now.
I will post some entry levels soon.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.