Gbpaud
swing trade
sell
entry price: 1.80360
tp: 1.76362
swing trade
sell
entry price: 1.80360
tp: 1.76362
Attached Image (click to enlarge)
Hey Daniel. Hope you are well. I would love to be part of the group where you share your method for analysing markets. What are your thoughts on the GBPUSD prices jumping back up to the 1.25 mark. Why are you bias to the downside for GBP? Thanks, Swayam
- Down Trend on Daily
- Expected new Coronavirus wave (Prices will probably reach the same level as the first one, if this happens)
- Inside 3 of my 4 Overbought Regions
- Overbought on most Oscillators on higher TF
- All other GBP pairs on an Overbought / Oversold (EURGBP) regions
-> My recommendation is just to wait. As I told on the first post, use low risk
Those who are in the GU trade, If you want to, you can close with loss the first trade only and open a new sell at the present price for risk management
I`m not going to close now as this account is a High-risk account. If you are at medium risk, I recommend closing the first one and opening a new one. For this trade, I will go for a huge profit. But, we need to wait a little more. For low risk, open a new sell trade and don`t need to close the first one.
I`m not going to close now as this account is a High-risk account. If you are at medium risk, I recommend closing the first one and opening a new one. For this trade, I will go for a huge profit. But, we need to wait a little more. For low risk, open a new sell trade and don`t need to close the first one.
