Gbpusd

Traders,
The trade buy cheap and sell expensive is a fundamental concept in trading.
In order to be able to trade markets we need to be able to understand where the price is and where it will go to next.

⭕️ Higher time frames:
-where price is coming from and going to?
✔️It is coming from1.2799 and price is in a short term downtrend.

⭕️Where were the decisions made?
✔️ A decision was made at1.2770 to break1.2680

⭕️ Conclusion:

What we look for on this chart?
-we look for a possible buy at 1.2620

✒ we look for confluence of our zone and check to put our stop loss beyond 1.2598

✒ We look for target at 1.2770 as our first target

🔥 like ,share and put your valued feedbacks🔥

Cheers!❤️

註釋

Good day traders,
Now partial close and be+5
Enjoy!🔥