Trading Basics 101 with $GU
GBPUSD monthly chart looks like it's printed straight out from a Beginners' Trading book and honestly, it can't get any easier than that.
Well then, what would you do?
Look for a swing long position at retest once its able to break through resistance and price moves back inside the range.
Also, considering that the monthly close is in 3 days from now, it could indicate a bullish move if the candle closes above s/r
Well then, what would you do?
Look for a swing long position at retest once its able to break through resistance and price moves back inside the range.
Also, considering that the monthly close is in 3 days from now, it could indicate a bullish move if the candle closes above s/r
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