I believe the GBPUSD has the potential to reach 1.46 zone and this is why I am focusing on long setups only as of now. Here is my idea to join the bulls.
Look for double wave down near the zone I have marked on the screenshot and from there we can join with long trades if we get a trigger (divergence, false break etc)
Aim to collect 1st profit around 1.44, and let the other part run until 1.46 or until opposite divergence forms.
Yours,
Vladimir
Hi Traders! NZDCAD short term forecast update and follow up is here. On December 2nd,…
Hi Traders! NZDCAD short term forecast and technical analysis is here. We do our analysis…
Hi Traders! Bitcoin short term forecast update and follow up is here. On December 9th,…
Hi Traders! Ethereum short term forecast and technical analysis is here. We do our analysis…
This week brings a heavy mix of macro fundamentals and technical decision points across Forex,…
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of February…