Long GBPUSD RR 1:2.75
Risky to enter as got Interest rate tomorrow, but let's see how it works
Reasons to enter
1. Black trendline is still intact, and serving as a support.
2. A retracement back towards teh 38.2% fibo levels, and aiming for the 0% fibo or even -27.2% fibo levels.
3. A clear breakout of the weekly resistance was seen at 1.3200 (blue horizontal line). Hence, it's reaching upwards to find the next resistance, which is my fibo level -27.2% (1.3370).
EP: 1.3260
TP: 1.3370 (110 pips)
SL: 1.3220 (40 pips)
Reasons to enter
1. Black trendline is still intact, and serving as a support.
2. A retracement back towards teh 38.2% fibo levels, and aiming for the 0% fibo or even -27.2% fibo levels.
3. A clear breakout of the weekly resistance was seen at 1.3200 (blue horizontal line). Hence, it's reaching upwards to find the next resistance, which is my fibo level -27.2% (1.3370).
EP: 1.3260
TP: 1.3370 (110 pips)
SL: 1.3220 (40 pips)
עסקה סגורה: הגיע לסטופ
Stop lost was hit yesterday. >< Will set a better trade setup next time! ;P
כתב ויתור
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