SwingingPrime

GBPUSD Buy Setup ~300pips

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SwingingPrime アップデート済   
OANDA:GBPUSD   ポンド/米ドル
GBPUSD broke structure on the daily, however, we have had no retracement since the bearish impulse began. I started identifying this expanding diagonal since Monday, and price has been consistent with the expansion.
Mid-week trading on Wednesday usually sees a reversal of momentum for the rest of the week. Instead, I can see Price has completed the reversal pattern.

For as long as this setup holds, my current expectations for the rest of the week is GBPUSD bullish. I would be targeting 1.23630 for about 300pips.

As always trade cautiously.
トレード稼働中
トレード稼働中:
Current positions
トレード稼働中:
Current positions: I am anticipating a pullback into LDN Session. The 50% discount is at a major daily support, so that zone is more attractive.
トレード稼働中:
We formed supply, therefore it is not unexpected, Price action might take out the liquidity of the asian low, before climbing further.
トレード稼働中:
トレード稼働中:
Very good! we broke the asian high. Means the asian low should hold. I would be expecting a retest at POI.
トレード稼働中:
The retest is almost over. I would be buying immediately.
トレード稼働中:
I took profit at the 78.6, however, my entry is still at the POI.
トレード稼働中:
The key to a good buy position is the 15mins BOS.
トレード稼働中:
i also have an entry at BOS on 5mins
手動でトレードを終了しました:
Price has broken the 1h low, currently, the buy setup is invalid. I would be looking for sell setups now.
コメント:
Price did not confirm supply. I would keep watching. If a buy setup presents itself, I would take it.

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