GBPUSD Long opportunity by utilising the weekend gap down on open.
The rest of the analysis for a long bias is the bullish trendline, fib 0.618 retracement and the structure zone at this level on the chart.
Stop loss = 50pips
I will move my stop loss to breakeven when the gap is closed.
The rest of the analysis for a long bias is the bullish trendline, fib 0.618 retracement and the structure zone at this level on the chart.
Stop loss = 50pips
I will move my stop loss to breakeven when the gap is closed.
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Yorum:
Weekend gap is now closed. You could now secure profit here or reduce your risk.
Yorum:
GBP bullish momentum now in play... I am taking some profit at 1.31 because I have this known as a reaction zone
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