#GBPUSD Institutional trading plus harmonic pattern
GBPUSD has had a bullish week, after doing a false breakout of frequently tested support level at 1.287 zone. Price went bullish afterwards towards 1.306 zone which is also a level tested multiple times, serving as resistance.
Expecting price to do a fake-out, triggering the D leg of a bearish Cypher pattern also aligning with imbalance fill. taking my entry at 1.3105 with a risk/reward ratio of about 2.5. taking profits at institutional fake-out candle (cartel candle) and entering for a long position to clear out liquidity at Equal highs.
Expecting price to do a fake-out, triggering the D leg of a bearish Cypher pattern also aligning with imbalance fill. taking my entry at 1.3105 with a risk/reward ratio of about 2.5. taking profits at institutional fake-out candle (cartel candle) and entering for a long position to clear out liquidity at Equal highs.
Trading ditutup: target tercapai
First target hit, now we taking a long position.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.