GBPUSD - Long 4 : 1 Win vs Risk trade idea

アップデート済
Hello all

Slightly late in publishing this trade idea.

I entered at 1.2922 after the hourly bullish engulfing candle at support - I should have entered lower and trusted my analysis, however I wanted to wait until my entry signal printed.

I'm looking to ride this up to the next level of resistance at a 4: 1 ratio.

I'm expecting a weaker USD in the coming weeks.

This will be monitored closely as with all trades, however especially this week with all the high risk news coming out.

Thanks for looking

Duncan
トレード終了: 利益確定目標に到達
Trade played out, didn't take second leg higher however as was already in a long XAUUSD trade through NFP
ノート
Hi All - I posted a video to how i did the analysis to get into this trade - here it is . I hope it is of some help to you

youtube.com/watch?v=Ajk3QW_1ZNA
Candlestick AnalysisduncanforexEconomic CyclesForexGBPUSDpoundpriceactionsupportSupport and Resistancetradeidea

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