Midaz_Investments

Opportunity for GU

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OANDA:GBPUSD   ポンド/米ドル
Measuring the previous long consolidation phase of 6+days, if the same would to happen based on the decline in volume trend. Another 2-3days from today we would have an opportunity to BUY GU.
With Stop loss of 50pips, TP of 150pips. Risk reward 1:3.
We notice a couple of Double tops and double bottom, awaiting next double bottom !
if the next few days Boris johnson has any medical health changes that lead GU diving down, we would look at the next long position below price 1.2
This would be a hit and go type of trade, estimated 1 night duration with current volitility.
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