GBP/USD 15M Update - As you can see we have had great results from the analysis we produced and the trade we placed on GBP/USD just las week. I ended up closing my position a little earlier just as I do not like to hold positions over the weekend.
But as you can see price has continued to put in the bullish structure we predicted and has gone to surpass the TP we had in place, the TP was set here with the understanding that price would surpass it and this was to guarantee our take profit would be achieved this is all part of taking safety precautions.
This trade TP for +135 pips. (+ 18%) 9RR
I am now expecting price to continue trading us higher and into one of the Supply zones I have highlighted above, from there we can expect price to reverse and start to trade us lower once again, this gives us the opportunity to look for potential sell opportunities!
Well done to those of you who managed to get involved in this move based on the analysis provided! Any questions drop me a message or comment below!
But as you can see price has continued to put in the bullish structure we predicted and has gone to surpass the TP we had in place, the TP was set here with the understanding that price would surpass it and this was to guarantee our take profit would be achieved this is all part of taking safety precautions.
This trade TP for +135 pips. (+ 18%) 9RR
I am now expecting price to continue trading us higher and into one of the Supply zones I have highlighted above, from there we can expect price to reverse and start to trade us lower once again, this gives us the opportunity to look for potential sell opportunities!
Well done to those of you who managed to get involved in this move based on the analysis provided! Any questions drop me a message or comment below!
