GBPUSD has moved bullish for a month and a half (lowest on sep26)
if price backtests demand zones (which are given on chart, the green block)
and appears apparent signal, consider placing long position
TP approximately set RR2
Personally prefer waiting for price backtests lower demand zone
Placing order at upper demand zone please confirm "bullish signal appearing"
US CPI will be announced on this coming Thursday, to avoid the voliate, can consider manually TP if you place the order.
All are personal opinions, not investment advice!
if price backtests demand zones (which are given on chart, the green block)
and appears apparent signal, consider placing long position
TP approximately set RR2
Personally prefer waiting for price backtests lower demand zone
Placing order at upper demand zone please confirm "bullish signal appearing"
US CPI will be announced on this coming Thursday, to avoid the voliate, can consider manually TP if you place the order.
All are personal opinions, not investment advice!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.