+100/+150 pips GBPUSD H11 short/long trade plan

20 בנוב׳

🔸Hello traders, let's review the 1hour chart for GBPUSD today.
Solid bounce off the lows in progress, however overhead resistance
will cap any immediate upside.

🔸Key levels for GBPUSD traders: 2625 s/r bulls, 2735 s/r bears,
2775 mirror s/r bears level will get re-tested by the bulls for liquidity.

🔸Recommended strategy for GBPUSD traders: the sequence
is short / long so you want to short high off the s/r bears at 2735 SL 40
TP 2625 pips, this is the W reversal play / re-test of the mirror s/r bulls
at 2625 then flip lonjg at/near 2625+-10 pips SL 40 pips TP1 +75
TP2 +150 pips final exit bulls at mirror s/r at 2775. this is a swing
trade setup, patience required. good luck traders!

🎁Please hit the like button and
🎁Leave a comment to support our team!

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.