empty
 
 
16.09.2020 12:37 PM
Trading idea for GBP/USD

This image is no longer relevant

Let me bring to your attention a trading idea for GBP/USD.

On a weekly scale, we have a pullback and a very attractive level located at 1.35, which is within the framework of a bullish trend. Against this background, I recommend the idea of working on the growth according to the chart below:

This image is no longer relevant

In fact, we have an A-B-C structure, where wave A is the bullish momentum of the last two weeks. Here, the potential to the nearest level of sellers is about 600p for 4 signs. Thus, we recommend working for an increase in the current range to the level of 1.35. This trading idea follows the classic methods of trading such as Price Action and Stop Hunting.

Of course, we should also control the risks in order to avoid reducing or losing profit.

Good luck on trading!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback