GBPUSD is trending up since end of sept, the retracement began last Wednesday all they way down to 0.618 support zone. Yesterday there was stop loss hunting at US session, the price strike previous high then pulled up, I'll place a buy order according to the information that market gave.
chart is telling:
1. Bullish momentum overtakes bearish
2. clear support zone overlaps 0.618 fibo level
3. retracement momentum is weak
4. stop loss order is hunted
Entry: 1.09920
SL: swing low 1.09214
Target: riding the wave, take partial profit at target labeled and trail the structure
chart is telling:
1. Bullish momentum overtakes bearish
2. clear support zone overlaps 0.618 fibo level
3. retracement momentum is weak
4. stop loss order is hunted
Entry: 1.09920
SL: swing low 1.09214
Target: riding the wave, take partial profit at target labeled and trail the structure
取消訂單
it went north without picking my order, i'll wait for the next setup
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。