GBPUSD BUY TP 1.29117 SL 1.28600

przedwczoraj

This is a GBP/USD (British Pound to U.S. Dollar) price chart on the 1-hour timeframe from TradingView. The chart shows a symmetrical triangle pattern forming, which is a consolidation pattern indicating potential breakout directions.

Key Elements:

1. Triangle Pattern – The price is compressing within converging trendlines, forming a symmetrical triangle.


2. Harmonic Pattern (ABCD) – The pattern is drawn inside the triangle, showing potential price reactions.


3. Breakout Expectation – The chart suggests a possible breakout to the upside.


4. Take Profit (TP) Levels:

TP1: 1.2900 – The first target for profit-taking.

TP2: 1.29117 – A higher target if the breakout sustains momentum.



5. Current Price – The price is around 1.28816, close to the breakout zone.


6. Stop Loss (SL) Zone – Not explicitly marked, but the red price levels near 1.28646 indicate potential risk zones.



Interpretation:

If the price breaks above the triangle, it may move towards TP1 and TP2.

If the price breaks downward, it could invalidate the bullish setup.

Traders might wait for confirmation before entering trades.

przedwczoraj

Zlecenie aktywne

Trade active From 1.28816 PROFIT RUNNING

przedwczoraj

Transakcja zamknięta: osiągnięto wyznaczony cel

✅ALL TP SMASHED COMPLETELY

🎯 Never leave profits on the table! 🔥

🚫 Close Your All Trades 🏦, lock in gains
😘let the rest run
✅The strategy is king!
💰Enjoy Guys 🥂🍹

⏳Wait For the Next Set-Up