Hi traders,
We been patiently waiting for this trade to place itself for us. We have finally a great risk to reward ratio on this entry. Our favorite indicators are showing us that we are due for some much needed correction. That would be the first step. We would move our SL in profit when that happens. Now, we are in a bearish channel but we touched an important buy zone just now. We may see the ''longer term'' bullish trend take back the control of this pair.
We are already in profit as I write this one down. This means already a succesful trade! Let's see how this one will play our throughout the week!
Here's what I'm thinking :
GBPUSD LONG
ENTRY : 1.35242
SL : 1.34319
TP : 1.39541
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
We been patiently waiting for this trade to place itself for us. We have finally a great risk to reward ratio on this entry. Our favorite indicators are showing us that we are due for some much needed correction. That would be the first step. We would move our SL in profit when that happens. Now, we are in a bearish channel but we touched an important buy zone just now. We may see the ''longer term'' bullish trend take back the control of this pair.
We are already in profit as I write this one down. This means already a succesful trade! Let's see how this one will play our throughout the week!
Here's what I'm thinking :
GBPUSD LONG
ENTRY : 1.35242
SL : 1.34319
TP : 1.39541
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.