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3 536
Btcusd sell 49400.00
Tp 49000.00
Tp 48200.00
Tp 47400.00
Sl 50400.00
Use a small lot size ‼️‼️
3 536
GBP/USD Forex Signal: Lack of Direction
Nearby resistance levels look more likely to hold than support.
Last Wednesday’s GBP/USD signal produced a marginally profitable short trade and then a more profitable long trade from the bullish bounce at 1.3689, which held almost to the pip.
Today’s GBP/USD Signals
Risk 0.75%.
Trades must be taken before 5pm London time today.
Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.3760, 1.3797, or 1.3830.
Put the stop loss 1 pip above the local swing high.
Adjust the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to run.
Long Trade Ideas
Put the stop loss 1 pip below the local swing low.
Adjust the stop loss to break even once the trade is 20 pips in profit.
Take off 50% of the position as profit when the price reaches 20 pips in profit and leave the remainder of the position to run.
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels.
3 536
BTCUSD SEL 49 600.00
TP : 49 300.00
TP : 48 700.00
TP: 48 000.00
TP: 47 000.00
SL : 50 700.00
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@rosefx03
3 536
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