GBP/USD: Buy pending place

8 Eyl 2022

At the moment, I don't see that from this level a drop, I look a bullish setup, so, as I was in long position in $1.1520 USD and hit my Stop Loss in $1.1475 USD where I loss 5.03%. But now, we can to see a long position from this level of bought zone. But the movement in this morning it's supposed to continue bullish, but was manipulated. Now, we see a double pull back formation in this zone what we could to find up bought.



Now, talking about H4 timeframe, the price still bullish and following the RSI bullish divergence formed.

So guys, I put a new buy order limit in $1.1490 USD, Stop Loss in $1.1436 USD and take profit to $1.1610 USD.

Good luck!!!

9 Eyl 2022

Emir iptal