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! EURCHF short term forecast follow up and update is here. On April 23rd,…
Hi Traders! AUDUSD short term forecast and technical analysis is here. We do our analysis…
Hi Traders! AUDNZD short term forecast update and follow up is here. On April 1st,…
Hi Traders! Ethereum short term forecast and technical analysis is here. We do our analysis…
The dollar held around its lowest levels in a week in Asian trading on Monday…
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of May…